NYU Administrator Indicted for Submitting $409K in Fake Expenses

Prosecutors say a former New York University staffer passed off thousands of receipts mined from a liquor store's trash as spending on lab supplies and college events, finagling $409,000 in bogus reimbursements.

John Runowicz was released without bail after pleading not guilty today to charges including grand larceny.

Manhattan prosecutors say the now-fired chemistry department administrator submitted more than 13,000 bogus receipts for repayment.

They were marked with the wine shop's name, but the tactic apparently went unnoticed for about six years before a student realized what was happening.

The university says it's "deeply disappointed" in Runowicz's alleged conduct.