This. is. a. mess.
Source: Zack Wittman for The Washington Post via Getty Images / Getty
Last week, investigators officially found what anyone who has been following the curious case of Texas hemp farmer Gregory Gerami’s $237 million donation to Florida A&M University likely already knew—the donation was faker than a $2 bill.
♻️ @FAMU_1887
Florida A&M University (FAMU) Receives $237 Million Gift from the Issac Batterson 7th Family Trust and CEO Gregory Gerami.
The gift will support student success initiatives and athletics. This is one of the largest gifts given to an #HBCU. pic.twitter.com/T7FurTPF27
— Black Dollar Network (@BlackDollarNtwk) May 7, 2024
That’s right, the 176-page Major Gift Investigation Final Report written by Buchanan Ingersoll & Rooney, the law firm hired to investigate the debacle, determined that Gerami’s stock donation to the HBCU was “fraudulent,” and that school administrators failed to vet the donation or its donor, indicating “a fundamental misunderstanding of the complexities associated with private stock donations.” (What’s worse is the guy who offered the stock donation also didn’t seem to understand how they work.)
The $237 million-dollar Florida A&M mystery has been solved.
A 176-page report made public on Tuesday concluded that Gregory Gerami, the man who sent shockwaves through the HBCU and higher education community with an alleged historic donation to FAMU, never was in possession of… pic.twitter.com/mVFoTU3vq4
— Qᴀɢɢ.ɴᴇᴡꜱ (@qaggnews) August 6, 2024
Now that the mystery has ended in the most predictable way it could have ended—with the donation exposed as faker than George Santos‘ resume, Hershel Walker’s police badge, and Donald Trump’s understanding of how facts, integrity, and complete sentences work—administrative heads are continuing to roll at FAMU.
As previously reported, FAMU President Dr. Larry Robinson already resigned, and now more members of his team are following suit.
According to WCTV, Interim President Dr. Timothy Beard sent out a letter to FAMU’s senior leadership team Monday demanding that 19 members of the team resign from their positions effective on Tuesday.
“As you know, our University (FAMU) is at a critical juncture, where we must align our leadership, vision, and strategies to meet the evolving challenges and opportunities ahead,” Dr. Beard wrote in the letter. “After careful consideration and in consultation with the Board of Trustees, the past University President, and from my observations, I have concluded that a change in our senior leadership team is necessary to move forward more effectively.”
As of Wednesday, Beard has reportedly accepted the resignations of four administrators: Athletic Director Tiffani-Dawn Sykes, Communications Director Keith Miles, Vice President of Legal Affairs/General Counsel Denise Wallace, and Director of Government Relations Danielle McBeth. These resignations come a month after FAMU’s beloved president, Dr. Larry Robinson, handed in his walking papers in July, and three months after Shawnta Friday-Stroud, former executive director of the FAMU Foundation, resigned from her post.
On Thursday, FAMU Interim President Timothy Beard spoke out on his decision to fire several members of the university’s senior leadership staff.
“As part of the 100-day action plan that I’ve shared with the senior leadership, it involves an evaluation and assessment of management,” WUSF reports Beard said. “It’s an opportunity for me to really look in terms of the synergy of the team, and what’s going to be the best interest of FAMU going forward.”
A message from Interim President Timothy Beard to FAMU students, faculty, staff, alumni and stakeholders.
Let’s go Rattlers! 🐍🐍🐍#FAMU #FAMUNews #WelcomeToTheHill #DrBeard #1887 #Presidents #Message pic.twitter.com/REkhKs4lUI
— Florida A&M University (@FAMU_1887) August 6, 2024
The real question here is: What was Gregory Gerami even trying to pull here? The so-called businessman went out of his way to bless a Black college with a massive donation that turned out to be faker than Kim Kardashian’s Black woman aesthetic, why?
What did he accomplish besides causing all-out turmoil at FAMU, which ended in the HBCU being humiliated and an avalanche of now-former school officials falling from grace?
We could call Gerami a grifter, but what was even the grift?
#FAMUNews 🎓 Florida A&M University (FAMU) announced the speakers for its three spring 2024 commencement ceremonies at the Al Lawson Multipurpose Center on May 3 and May 4.
Click here to read more: https://t.co/N2LSPS52ev pic.twitter.com/SKfTgysoNK
— Florida A&M University (@FAMU_1887) April 27, 2024
The post Update: More FAMU Administrators Resign After ‘CEO’s’ $237M Grift Gift Was Found To Be ‘Fraudulent’ appeared first on Bossip.
This. is. a. mess.
Source: Zack Wittman for The Washington Post via Getty Images / Getty
Last week, investigators officially found what anyone who has been following the curious case of Texas hemp farmer Gregory Gerami’s $237 million donation to Florida A&M University likely already knew—the donation was faker than a $2 bill.
♻️ @FAMU_1887
Florida A&M University (FAMU) Receives $237 Million Gift from the Issac Batterson 7th Family Trust and CEO Gregory Gerami.
The gift will support student success initiatives and athletics. This is one of the largest gifts given to an #HBCU. pic.twitter.com/T7FurTPF27
— Black Dollar Network (@BlackDollarNtwk) May 7, 2024
That’s right, the 176-page Major Gift Investigation Final Report written by Buchanan Ingersoll & Rooney, the law firm hired to investigate the debacle, determined that Gerami’s stock donation to the HBCU was “fraudulent,” and that school administrators failed to vet the donation or its donor, indicating “a fundamental misunderstanding of the complexities associated with private stock donations.” (What’s worse is the guy who offered the stock donation also didn’t seem to understand how they work.)
The $237 million-dollar Florida A&M mystery has been solved.
A 176-page report made public on Tuesday concluded that Gregory Gerami, the man who sent shockwaves through the HBCU and higher education community with an alleged historic donation to FAMU, never was in possession of… pic.twitter.com/mVFoTU3vq4
— Qᴀɢɢ.ɴᴇᴡꜱ (@qaggnews) August 6, 2024
Now that the mystery has ended in the most predictable way it could have ended—with the donation exposed as faker than George Santos‘ resume, Hershel Walker’s police badge, and Donald Trump’s understanding of how facts, integrity, and complete sentences work—administrative heads are continuing to roll at FAMU.
As previously reported, FAMU President Dr. Larry Robinson already resigned, and now more members of his team are following suit.
According to WCTV, Interim President Dr. Timothy Beard sent out a letter to FAMU’s senior leadership team Monday demanding that 19 members of the team resign from their positions effective on Tuesday.
“As you know, our University (FAMU) is at a critical juncture, where we must align our leadership, vision, and strategies to meet the evolving challenges and opportunities ahead,” Dr. Beard wrote in the letter. “After careful consideration and in consultation with the Board of Trustees, the past University President, and from my observations, I have concluded that a change in our senior leadership team is necessary to move forward more effectively.”
As of Wednesday, Beard has reportedly accepted the resignations of four administrators: Athletic Director Tiffani-Dawn Sykes, Communications Director Keith Miles, Vice President of Legal Affairs/General Counsel Denise Wallace, and Director of Government Relations Danielle McBeth. These resignations come a month after FAMU’s beloved president, Dr. Larry Robinson, handed in his walking papers in July, and three months after Shawnta Friday-Stroud, former executive director of the FAMU Foundation, resigned from her post.
On Thursday, FAMU Interim President Timothy Beard spoke out on his decision to fire several members of the university’s senior leadership staff.
“As part of the 100-day action plan that I’ve shared with the senior leadership, it involves an evaluation and assessment of management,” WUSF reports Beard said. “It’s an opportunity for me to really look in terms of the synergy of the team, and what’s going to be the best interest of FAMU going forward.”
A message from Interim President Timothy Beard to FAMU students, faculty, staff, alumni and stakeholders.
Let’s go Rattlers! 🐍🐍🐍#FAMU #FAMUNews #WelcomeToTheHill #DrBeard #1887 #Presidents #Message pic.twitter.com/REkhKs4lUI
— Florida A&M University (@FAMU_1887) August 6, 2024
The real question here is: What was Gregory Gerami even trying to pull here? The so-called businessman went out of his way to bless a Black college with a massive donation that turned out to be faker than Kim Kardashian’s Black woman aesthetic, why?
What did he accomplish besides causing all-out turmoil at FAMU, which ended in the HBCU being humiliated and an avalanche of now-former school officials falling from grace?
We could call Gerami a grifter, but what was even the grift?
#FAMUNews 🎓 Florida A&M University (FAMU) announced the speakers for its three spring 2024 commencement ceremonies at the Al Lawson Multipurpose Center on May 3 and May 4.
Click here to read more: https://t.co/N2LSPS52ev pic.twitter.com/SKfTgysoNK
— Florida A&M University (@FAMU_1887) April 27, 2024
The post Update: More FAMU Administrators Resign After ‘CEO’s’ $237M Grift Gift Was Found To Be ‘Fraudulent’ appeared first on Bossip.
This. is. a. mess.
Source: Zack Wittman for The Washington Post via Getty Images / Getty
Last week, investigators officially found what anyone who has been following the curious case of Texas hemp farmer Gregory Gerami’s $237 million donation to Florida A&M University likely already knew—the donation was faker than a $2 bill.
That’s right, the 176-page Major Gift Investigation Final Report written by Buchanan Ingersoll & Rooney, the law firm hired to investigate the debacle, determined that Gerami’s stock donation to the HBCU was “fraudulent,” and that school administrators failed to vet the donation or its donor, indicating “a fundamental misunderstanding of the complexities associated with private stock donations.” (What’s worse is the guy who offered the stock donation also didn’t seem to understand how they work.)
Now that the mystery has ended in the most predictable way it could have ended—with the donation exposed as faker than George Santos‘ resume, Hershel Walker’s police badge, and Donald Trump’s understanding of how facts, integrity, and complete sentences work—administrative heads are continuing to roll at FAMU.
As previously reported, FAMU President Dr. Larry Robinson already resigned, and now more members of his team are following suit.
According to WCTV, Interim President Dr. Timothy Beard sent out a letter to FAMU’s senior leadership team Monday demanding that 19 members of the team resign from their positions effective on Tuesday.
“As you know, our University (FAMU) is at a critical juncture, where we must align our leadership, vision, and strategies to meet the evolving challenges and opportunities ahead,” Dr. Beard wrote in the letter. “After careful consideration and in consultation with the Board of Trustees, the past University President, and from my observations, I have concluded that a change in our senior leadership team is necessary to move forward more effectively.”
As of Wednesday, Beard has reportedly accepted the resignations of four administrators: Athletic Director Tiffani-Dawn Sykes, Communications Director Keith Miles, Vice President of Legal Affairs/General Counsel Denise Wallace, and Director of Government Relations Danielle McBeth. These resignations come a month after FAMU’s beloved president, Dr. Larry Robinson, handed in his walking papers in July, and three months after Shawnta Friday-Stroud, former executive director of the FAMU Foundation, resigned from her post.
On Thursday, FAMU Interim President Timothy Beard spoke out on his decision to fire several members of the university’s senior leadership staff.
“As part of the 100-day action plan that I’ve shared with the senior leadership, it involves an evaluation and assessment of management,” WUSF reports Beard said. “It’s an opportunity for me to really look in terms of the synergy of the team, and what’s going to be the best interest of FAMU going forward.”
The real question here is: What was Gregory Gerami even trying to pull here? The so-called businessman went out of his way to bless a Black college with a massive donation that turned out to be faker than Kim Kardashian’s Black woman aesthetic, why?
What did he accomplish besides causing all-out turmoil at FAMU, which ended in the HBCU being humiliated and an avalanche of now-former school officials falling from grace?
We could call Gerami a grifter, but what was even the grift?
Comments
Bossip Comment Policy
Please read our Comment Policy before commenting.
This. is. a. mess. Last week, investigators officially found what anyone who has been following the curious case of Texas hemp farmer Gregory Gerami’s $237 million donation to Florida A&M University likely already knew—the donation was faker than a $2 bill. ♻️ @FAMU_1887 Florida A&M University (FAMU) Receives $237 Million Gift from the Issac Batterson 7th
The post Update: More FAMU Administrators Resign After ‘CEO’s’ $237M Grift Gift Was Found To Be ‘Fraudulent’ appeared first on Bossip. Bossip
