2 Are Accused of Embezzling Federal Funds Awarded to Florida A&M U.

An institute director at Florida A&M University and the president of the FAMU Federal Credit Union, which is not part of the university, are accused in a federal indictment of conspiring to embezzle grant funds the university received from the U.S. Department of Housing and Urban Development, an ABC news affiliate, WTXL, reported. A federal prosecutor in Tallahassee said Robert Nixon, of the university’s Institute on Urban Policy and Commerce, and Eugene Telfair, the credit union’s chief, face charges of conspiracy, theft from an organization receiving federal funds, and embezzlement. The charges relate to the use of approximately $134,000 in grant funds that had been deposited in a credit-union account. Neither of the accused men could be reached for comment.