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From Florida to Kitchener: A story of sex, fraud and real estate

The Big Story

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The $13 Million Embezzlement Scandal

This chapter investigates the fraudulent activities of Ralph Puglisi, who embezzled nearly $13 million from the University of South Florida over six years. It also explores the involvement of a woman named Stephanie, who faced allegations of complicity in the scheme, and the complexity of a plea deal that surfaced during the investigation. The narrative exposes systemic failures that enabled the prolonged deception and raises important questions about financial accountability within the university.

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