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Professor Who Taught Business Course on Fraud Is Guilty of Fraud

What a great story. From The Chronicle of Higher Education:

When it came to teaching about fraud, Joseph W. Traxler evidently knew his stuff.

Mr. Traxler, who was chairman of the accounting program at the Globe University/Minnesota School of Business at Shakopee,  was sentenced on Tuesday to five years in prison for defrauding banks of $8-million through bogus mortgage deals that took place before the school hired him, in 2009, the Minneapolis StarTribune reports.

He taught the for-profit business school’s fraud course three times and was voted the top faculty member in his first year there. He continued teaching at the school after the charges were filed.

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