Daily Archives: January 20, 2010

Brown Recovers College Scholarship Funds Raided by Trustee

Mendocino, Calif-Attorney General Edmund G. Brown Jr. today announced a settlement with James L. Harrison, 62, of Ukiah, after he “looted college scholarship funds” from a Trust intended to benefit female graduates of Ukiah High School pursuing careers in medicine.

Brown’s office, working with the Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Institutions, recovered both the principal and the interest-totaling over $650,000-owed to the Trust. In the settlement, Harrison agreed to a lifetime ban from serving as a charitable trustee or officer of a public benefit corporation.

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