The Chronicle of Higher Education
May 4th, 2015
The National Science Foundation has frozen millions of dollars in
grants to the University of Connecticut after auditors found that two
professors there used grant money to buy equipment from their own
company, The Hartford Courant reports.
The state Auditors of Public Accounts found that the professors, who
control a marine sensor and communication technology company, bought
$253,000 worth of acoustic modems using NSF funds. The professors told
the auditors they did not read a clause on a form they signed indicating
there was no financial conflict of interest.