DN 6-19-14

Page 1

THURSDAY, JUNE 19, 2014

THE DAILY NEWS

BALLSTATEDAILY.COM

Nation’s largest camp for students, teachers comes to campus

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ALAN HOVORKA CHIEF REPORTER | afhovorka@bsu.edu

B

MCT PHOTO

The Fray will play on campus Sept. 10 at John R. Emens Auditorium. Tickets for the concert exclusively for students go on sale Aug. 22.

THE FRAY CONCERT: SEPT. 10

STUDENTS:

$10 OR $15

TICKETS ON SALE:

AUG. 22

TICKETS

TO BUY:

Students must have a student ID and can have up to two IDs. One ID gets one ticket.

Over the years, Muncie, Ind., has become a mecca for music, student leadership.

uses filled with hundreds of high school students will flood campus starting Saturday and will be closely followed by the sound of booming trumpets and snapping drums. About 1,093 high school students and 140 band directors from across the county will be on campus for Music for All’s 39th annual Summer Symposium, the largest national music camp for students and teachers. “[The camp is] special because this one is about students as individuals coming together,” said Erin Fortune, senior marketing coordinator for Music for All. “They will be surrounded by people just like them. They aren’t just learning how to be better musicians; they are learning to be better people in their community.”

»

ERIN FORTUNE, senior marketing coordinator for Music for All

GUESTS:

$25 OR $30

SIZE OF EMENS:

Music for All provides free and paid concerts for the public during the weeklong event. All concerts are at John R. Emens Auditorium except for the last event, June 27. Tickets are available at the auditorium’s box office and Ticketmaster.

SEATS 3,581

RECENT ALBUM, SINGLE: FEB. 25, 2014: “HELIOS” ALBUM OCT. 15, 2013: “LOVE DON’T DIE” SINGLE

LOCAL WEEKEND EVENTS Check out music, performances, drink specials happening in Muncie

monday

Yamaha Young Performing Artists 8 p.m., free

Ball State looks to recover $13M in cases

SEE PAGE 6

Investigations uncover 2 fraud situations, lead to prison time for men ASHLEY DYE NEWS EDITOR, COPY CHIEF | news@bsudailynews.com

MEN’S BASKETBALL

GUARD WINS ELIGIBILITY JUDGMENT

While two cases of fraud have made a $13 million dent on longterm reserves, Ball State officials say the university is focused on recovering the assets, holding people accountable and implementing procedures to avoid the situation in the future. “Any loss of funds is an outrage,” said Randy Howard, vice president for business affairs and treasurer. “It upsets the [Board of Trustees], it upsets the administration. We wish it had never happened, but we were victims of a crime.” This money came from long-

NCAA to allow former Cincinnati guard to play in upcoming season SEE PAGE 3

MUNCIE, INDIANA

TODAY IN HISTORY, THE U.S. SENATE APPROVED THE CIVIL RIGHTS ACT OF 1964.

CONTACT US

News desk: 285-8245 Sports desk: 285-8245 Features desk: 285-8245

term reserves, comprised of a mixture of reserves, such as housing, dining and self-insurance. To prevent short-term damage, the university has contingency funds that act as a line of defense. However, the university will still need to replenish the reserves over time. “And that’s the good news — we have a lot of time to recoup them,” Howard said. As one of the university’s priorities, Howard said, Ball State has implemented new checks and balances to avoid this situation in the future. This includes a list of pre-approved brokers that is annually reviewed. This list goes through independent sources to find any charges or allegations of SEC fines, Howard said. “You can never put enough internal controls in place to stop

a criminal,” Howard said. “So if someone’s going to commit criminal activity, it’s really hard to stop it.” When the U.S. Attorneys’ Office contacted Ball State in September 2011, telling the university that it might be a victim of fraud, Ball State found two potential cases after asking Gale Prizevoits, former director of cash and investments, to provide documents. “She signed contracts that the university didn’t even know existed,” Howard said. “... A prudent and reasonable investor would not have signed them, particularly if they knew our investment policy.” Tom Taylor, vice president for Enrollment, Marketing, and Communications, said those contracts “were no where in our files.” After the investigation, Ball State turned over the findings to the

1. CLOUDY

6. RAIN

2. MOSTLY CLOUDY

7. PERIODS OF RAIN

12. SCATTERED FLURRIES

11. SNOW FLURRIES

16. SLEET

15. HEAVY SNOW

Editor: 285-8249 Classified: 285-8247 Fax: 285-8248

TWEET US

Receive news updates on your phone for free by following @bsudailynews on Twitter.

3. PARTLY CLOUDY

« Any loss of funds is

an outrage. It upsets the [Board of Trustees], it upsets the administration. We wish it had never happened, but we were victims of a crime. » RANDY HOWARD, vice president for business affairs and treasurer 5. SUNNY

4. MOSTLY SUNNY

U.S. Attorneys’ Office. The office had asked the university to not publicly disclose the information because of the investigation at the time. Now that Ball State can talk about the case, Howard said they will make sure to keep the community updated on the situation. “We’re happy we can talk about it,” Howard said. THE PULSE OF BALL STATE

10. DRIZZLE

9. SCATTERED SHOWERS

13. SNOW SHOWERS

17. FREEZING RAIN

THE PULSE OF BALL STATE

See FRAUD, page 4

THE PULSE OF BALL STATE

18. WINTRY MIX

VOL. 93, ISSUE 130

FORECAST

Pop-up storm chances will remain throughout the forecast period with TODAY partly sunny skies. – Adam Burniston, 19.Scattered RAIN/SNOW MIX thunderstorms 20. THUNDERSTORMS High: 86 Low: 71 a WCRD weather forecaster

THE PULSE OF BALL STATE

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• • • • •

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3460 N. Tillotson Ave. Muncie, IN

765-285-5095


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DN 6-19-14 by The Ball State Daily News - Issuu