Accountant sues TV evangelist's son

Accountant alleges son of Oral Roberts ordered him to 'cook the books' and then wrongfully sacked him

Written by Penny Sukhraj

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

Oral Roberts University Gets $70M Pledge

Professors Sue Oral Roberts President

Advertisement

Enjoyed this article? Help spread the word:

Comments

White papers

Related jobs

More Accounting jobs

Spotlight

Management Consultancy Top 75

21st annual survey shows another £1bn on revenues

bryan clark, chief information officer at kpmg europe

Profile: Bryan Clark, chief information officer at KPMG Europe

Getting the right infrastructure is instrumental in consolidating KPMG’s European...

Apprentices, Arnie and Archos in the latest YP

September issue of Young Professional appraises the year for our...

Find your next job

Find your next job

Advertisement

Salary Checker

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Search white papers

Search white papers

Advertisement

Have your say

Should fair value accounting be suspended in the wake of the market crisis?
Yes, it's a big part of the problem
No, don't shoot the messenger

Job of the week

More finance jobs

Advertisement

Your next job