Department of Education Investigating Colleges for Allegedly Hiding Foreign Cash

The federal government frowns on this sort of thing.

The Daily Caller reports:

Foreign Meddling: Department of Education Going After Elite Colleges for Allegedly Taking and Hiding Foreign CashThe Department of Education is going after U.S universities over supposed ties to foreign governments, after some allegedly took huge quantities of foreign cash and hid it from regulators.At the top of the list are Georgetown University and Texas A&M, which have taken hundreds of millions of dollars from the government of Qatar, a middle eastern nation with suspected links to international terrorism.Both schools received letters from the Department of Education Thursday saying they should have disclosed that funding but their filings “may not fully capture” the activity, the Associated Press reported. The letter warned that they could be referred to the attorney general to “compel compliance.”Georgetown was also asked about possible ties to Russian cybersecurity firm Kaspersky Lab, as well as Saudi Arabian money. Both schools were ordered to disclose funding from Huawei and ZTE, Chinese firms suspected of spying.In February, a Senate investigative subcommittee released a bipartisan, 100-page report that found that not only had China been pouring money into the U.S. for a program linked to propaganda efforts, a huge percentage of U.S. colleges had violated the law by hiding the money.

Tags: College Insurrection

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