An employee at the Indiana University School of Dentistry has been charged with felony fraud and theft after allegedly ordering and stealing more than $150,000 in gold dental equipment, Fox 59 reported March 11.
Michael Frazer, 33, worked as a purchasing agent who was in charge of ordering dental supplies for the school. A recent audit allegedly revealed a scheme that involved gold dental equipment being stolen from the school and sold at cash for gold stores.
Mr. Frazer was arrested earlier this week and is being held on a $20,000 cash bond. A jury trial is scheduled to begin May 22. If convicted, he faces up to 18 years in prison.
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