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Finance planner tried to alert UNT in ’09


Harry

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A former broker who worked with University of North Texas employees alerted multiple UNT officials to problems with financial controls in 2009, five years before financial issues at the university were addressed.

The Denton Record-Chronicle has obtained letters that Phillip Young, a financial planner, sent to UNT administrators and regents in March and August of 2009. His letters warned them of potential problems with some employee retirement plans and overall financial controls.

Kelley Reese, a UNT spokeswoman, said the university is familiar with Young and his criticisms.

Read more: http://www.dentonrc.com/local-news/local-news-headlines/20140705-finance-planner-tried-to-alert-unt-in-09.ece

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