Kent State donor withdraws $1 million gift

A $1 million gift from Kent State alum Jason M. Cope and his wife Stacie was unexpectedly withdrawn Friday, according to Kent State planned to name its basketball court “Cope Court” in a ceremony January 14 before the men’s game.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.

Click here for the full story

…Read More