Four Defendants Found Guilty For Defrauding Columbia University Out of $5.7 Million

Press Release

On August 7, 2012, George Castro, Walter Stephens, and Jeremy Dieudonne were convicted of defrauding Columbia University out of approximately $5.7 million and transferring the funds into accounts for their own use. Joseph Pineras was also found guilty of fraud through his access to Columbia’s vendor payment system and was sentenced to 1 1/3 to 4 years in prison. Stephens was later sentenced to 3-to-9 years in prison, and Castro and Dieudonne were sentenced to 7-to-21 years in prison.