A grand jury indictment handed down Thursday charged Michael Maurello with fraudulently obtaining funds from the Art Institute for 13 years – from 2007 until 2020.
The indictment said Maurello had funds from the museum paid into his personal bank accounts by disguising the payments in the payroll system as having been made to other employees or former employees.They allegedly included claims that the payments were for an employee's accrued paid time off when the employee in question either didn't have any paid time off or had already been paid for it.
When the assistant controller of the Art Institute asked Maurello about one of the payments in January 2020, Maurello lied and said the transaction was just a test of the payroll system, according to the indictment.
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