A $1 million gift from Kent State alum Jason M. Cope and his wife Stacie was unexpectedly withdrawn Friday, according to KentWired.com. Kent State planned to name its basketball court “Cope Court” in a ceremony January 14 before the men’s game. The announcement of the withdrawal came after the Daily Kent Stater made inquiries into the past of Jason M. Cope, a 1995 Kent State finance graduate. Cope was the branch manager of a financial firm that defrauded 190 investors of $8.7 million in late 1999 and early 2000. Cope was one of four defendants required to pay a total of more than $19 million in penalties, according to litigation from the Securities and Exchange Commission and court documents.