A developer has been indicted on charges of defrauding Allen University, according to an announcement made on Monday, September 28, 2026.
Allen University, a historically Black institution located in Columbia, South Carolina, has been the focus of the indictment, though the filing does not disclose the specific nature of the alleged fraud.
The indictment comes amid ongoing concerns about financial misconduct affecting colleges and universities across the United States, prompting federal authorities to pursue legal action when alleged wrongdoing is identified.
The case will proceed through the federal court system, where the developer will have the opportunity to respond to the charges and present a defense.
<small>Source: Inside Higher Ed — read the original story there.</small>