Okay, sadly not THAT kind of fraud. God willing, it's only a matter of time before law school administrators are hit with true-blue fraud charges for their knowingly-misleading, fraudulent, reliance-inducing misrepresentations. What we have today is a tale of a law school visionary who only gets caught for his fraud against old ladies. His role in the infinitely vaster, more lucrative law school scam hasn't landed him in court (yet).
From the Green Mountain State, we have this charming tale of octogenarian attorney, law school founder, and Grade-A shyster Anthony Doria, who has a problem with tax evasion and bilking old ladies out of six figures. "Doria had originally been charged with fraud for taking $115,000 from Barbara Umbrecht of Newport, N.H., in 1998 and 1999. In 2005 he pleaded guilty to the reduced charge of income tax fraud and was sentenced to one month in prison and ordered to pay back Umbrecht."
As the article points out, after founding Vermont Law School in the 70s, Doria has had little to do with this TTT. However, his spirit lives on in the institution itself. And would this über-huckster ever be proud of the institution he spawned! According to Vermont Law School's website, tuition alone will run students a cool $41,795 a year. This does not include fees, books, or living expenses. US News suggests students tack on an additional $10,000 for those, bringing their yearly total north of $50,000 to attend a TTT in a sleepy backwater and tiny state that won't have enough jobs for them upon graduation. The school even is so noble to admit that only 60.4% of its graduates are employed at graduation, which is even then probably inflated. Having seen the ins-and-outs of law schools' dirty statistical tricks, it's safe to say that the percentage of grads actually employed as lawyers is much, much lower.
Just plunking down for tuition alone will run students $125,000 for their three years of law school, a number which exceeds Doria's $115k fraud on that poor old lady. This grizzled old mountebank clearly decided that relieving innocent bystanders of their cash on a person-to-person basis was no way to get rich. Sure, stealing $115,000 from someone and going on a spending spree would be nice, but that money can't last forever. If you set yourself up a law school, one which at last count has an enrollment of 567 students, you'll be in a much better position. ($41,795 x 567 = $23,697,765 a year. Wow-wee!)
Anthony Doria should be a model for common criminals and law school administrators everywhere. This guy clearly figured he could put his extensive knowledge of theft and fraud to much greater use, and step up into the big leagues. Better still, perpetrating six-figure fraud on a bunch of hapless law students in a quiet Vermont town has the blessing of the ABA, the academic establishment, and student loan lenders. This isn't like dipping into some old lady's purse, no, no! Here's a fully-sanctioned and approved means of defrauding clueless law students. Mr. Doria, thank you for siring this fine institution and imparting to it all of your best personal attributes.
The apple doesn't fall far from the TTTree?