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28 Nov 2007
The son of global television evangelist Oral Roberts has been embroiled in an accounting scandal at the Christian university founded by his father, after a senior accountant accused him of giving orders to 'cook the books'.
Instead of booking tens of thousands of dollars as assets, Richard Roberts, who is also the former president of the university, is alleged to have told the Oral Roberts University's senior accountant to book them as expenses.
He then fired the accountant on the day an audit was scheduled to take place.
According to court papers filed by the accountant – now accusing Roberts of wrongful termination – Roberts used nearly $123,000 of university funds to remodel his home, WebCPA.com reported.
The evangelist's son resigned last week amidst a flurry of accusations that he also used university money to finance holidays, shopping and horses.
Two other professors are also suing for wrongful termination, after they accused Roberts of abusing university finances.
The university also faces lawsuits from two students claiming the scandal had lowered the value of their degrees.
Further reading:
Oral Roberts Ex-Accountant Files Suit
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