Former CU Boulder Administrator Faces Charges Over $9,500 in Alleged Theft

Former CU Boulder Administrator Faces Charges Over $9,500 in Alleged Theft

He probably thought no one would notice those missing dollars. Oops.

CBS News reports:

Former University of Colorado Boulder administrator arrested for alleged theft, embezzlement and misconduct

A former administrator at the University of Colorado Boulder is facing multiple charges after an investigation by the school found that he stole thousands of dollars.

In July, CU Boulder Athletic Director Rick George told the university’s Department of Internal Audit that he had concerns about financial misconduct by Cory Randall Hilliard, who administered the university’s Nike Elite Program. The program manages employee product benefit allocations, such as athletic apparel allotment and stipend programs.

The university’s audit department reviewed financial records, interviewed members of the athletics department and analyzed transaction histories from Hilliard’s Nike Elite account. It found that, between 2021 and 2025, Hilliard took some of those university-provided funds for his own personal use, with a total loss of $9,510.50.

The school says the CU Boulder Police Department also assisted in the investigation and worked with the Boulder County District Attorney’s Office. Following the criminal investigation into the allegations, the district attorney’s office charged Hilliard with theft, embezzlement of public property and first-degree official misconduct.

In December 2025, Hilliard was hired by USA Swimming as the organization’s Chief Financial Officer.

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