An initial hearing for Perry Chadwyck Vaughn, who was accused by federal prosecutors of embezzling more than $700,000 from the University of Louisville, was delayed Monday
The government and Vaughn’s attorney, John Olash, agreed to continue a hearing set in U.S. District Court Monday on the prosecution’s motion for a permanent order freezing Vaughn’s assets. A temporary order remains in effect.
Vaughn, 35, has not been charged criminally, but prosecutors Joseph Ansari and Bryan Calhoun allege in the complaint that Vaughn has admitted forging 25 checks to himself over the past 16 months totaling $703,936 from Department of Family and Geriatric Medicine and three affiliated medical practices whose finances he supervised.
They say Vaughn, an accountant, also admitted that his fraud stretched back as far as 2007, resulting in losses the government says will exceed $2 million, according to court records
The university said last week that Vaughn has been fired from the department, where he was executive director.
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