Three York University employees have been arrested in connection to an alleged scheme to defraud the Toronto institution of more than $1.6 million, Toronto police announced on Thursday.
Two men and one woman, all confirmed to be members of York University's administration, are alleged to have been members of an criminal enterprise that has been targeting York University's billing department over the past four years.
Toronto police announced on Thursday that Vittoria Caparello, 51, Yossi Zaidfeld, 38, and Melissa Caparello, 27, were arrested on Wednesday for allegedly participating in a fraud scheme that bilked the school out of more than $1.6 million.
Details were scarce, but police confirmed the people were allegedly siphoning money out of the university through a fraudulent billing scheme. York University is said to have lost $1,603,529 in the process but the school announced it has recovered the money.
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