A member of Signature Bank's board of directors was forced out of her job as president of a New York college late last year, it has been revealed - over a scandal involving millions of dollars in unpaid bills.When addressing the missed payments back in 2019, Judith Huntington blamed the unpaid bills on the school's controller and its vice president for finance and administration - who have both since been fired - saying they failed to provide her with accurate information on the college's finances.Over the course of several years spanning 2013 to 2017, the school would fail to pay necessary federal and state payroll taxes, flouting and outright ignoring rules regarding use of federal grant money. Amassing a debt of at least $31.2 million, the school closed in 2019 after 115 years due to the three years of irregularities.
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