![]() ![]() Kappa Alpha Psi, which was founded in 1911 and has over 125,000 members with 700 undergraduate and alumni chapters in almost every state and countries like the UK, Germany, South Africa, Japan, South Korea, Nigeria and the West Indies, did not respond to the media’s request for comment. The judge told Anderson that he could be sentenced to as many as 82 months in prison and a financial sanction of more than $1 million, regardless of him taking responsibility for his actions and helping with the investigation.Īccording to federal sentencing guidelines, such cases call for a sentence of between five and six years in prison, the judge said after the hearing, outlining Anderson had been placed in a “position of trust as the director of finance” by his former employer, a position from which he “reaped the benefit of” by embezzling millions over a long period of time. Sentence in Februaryįollowing the hearing, US District Judge Savage set February 22 as the date to announce the sentence, while also letting Anderson free until then. 1.7K SharesShare1.7KTweet3ShareIn an effort to highlight the young leaders who are leading undergraduate chapters across the nation, we at Watch The Yard reached out to the brothers of Kappa Alpha Psi Fraternity Inc.’s Rho Eta Chapter at Lincoln University of MO and did an interview with Curtis Burton the president of the chapter. He then went on to cash the checks at two banks, Santander Bank and Wells Fargo Bank, and managed to cash 118 fraudulent checks, 78 at Santander and 40 at Wells Fargo, before Santander Bank flagged his suspicious actions and alerted Kappa Alpha Psi in 2018. Anderson was formally charged in October 2020.Īccording to prosecutors, Curtis Anderson started siphoning money from the organization in June 2012 by writing checks to himself and to others whose signatures he had forged. He told his bosses that he had stolen the money while struggling with gambling and alcohol addictions, and gambled it away at Harrah’s Casino. Savage, previously admitted to investigators he had stolen the money to fund his gambling habit.Ĭurtis Anderson was fired from the fraternity in December 2018 after the organization found out money was missing and confronted him for an explanation. ![]() Anderson, who diligently worked his way up the ladder at one of the nation’s largest and most influential Black college fraternities, pleaded guilty on four counts of wire fraud and one count of aggravated identity theft.ĥ9-year-old Anderson from Claymond, Delaware, who remained silent during the hearing before US District Judge Timothy J. Check Embezzlement Schemeįormer Kappa Alpha Psi financial director Curtis D. While there, Anderson walked through the bank’s door, unaware the two would be there.A former financial director of Kappa Alpha Psi who stole nearly $3 million from the organization pleaded guilty during the court hearing this week, The Philadelphia Inquirer reported. Suspicions arose when Santander Bank contacted John Burrell, the fraternity’s executive director about “suspicious activity.” Once Burrell received the notice, he and Thomas Battles, the fraternity’s national president visited the bank to address the issues. Anderson cashed checks for almost $400,000 from the fraternity’s Santander bank account and at least $978,000 from the fraternity’s Wells Fargo account. Investigations from agencies such as the Secret Service and FBI found that that Anderson had been embezzling money for over a year. ![]() ![]() Anderson, who served as a finance director at the fraternity’s international headquarters in Philadelphia for 20 years, was fired three days after admitting to his fraudulent activities. According to Philadelphia Magazine, Kappa Alpha Psi fraternity member and former finance director, Curtis Anderson has been caught in a financial scandal after admitting that he embezzled over $1 million funds. ![]()
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