• 1995 Kent State finance grad. • Helped defraud 190 investors of $8.7 million in late 1999 and early 2000. • Was one of four defendants required to pay the SEC more than $19 million for the fraud and was barred from being a stock broker. • Pledge to transfer $1 million in stock to the men’s basketball and golf programs on March 17, 2011. • Withdrew donation on January 5, 2012, while the Stater was writing an article about his past.