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The president of the 'poor man’s Harvard' resigned after accusations of using funds for 'iffy' reasons

Lisa S. Coico, president of City College, the flagship of the City University of New York (CUNY), abruptly resigned Friday amid an investigation into her use of college funds to pay for personal expenses, The New York Times reported. Evidence the Times provided to the school a day earlier — which suggested that a 2011 memo detailing Coico's reimbursements had been fabricated — may have sparked her resignation.
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