WEST PALM BEACH, Fla. — Lu Hardin, president of Palm Beach Atlantic University, resigned March 4, less than two years after coming to the school.
Hardin pleaded guilty in Arkansas on March 7 to federal charges of wire fraud and money laundering, according to a news report in the Arkansas Democrat-Gazette online. At Palm Beach Atlantic on March 4, he had cited “personal and family reasons” for his sudden resignation, according to the chairman of the Palm Beach Atlantic board of trustees.
The Arkansas newspaper said Hardin, president of the University of Central Arkansas prior to coming to Palm Beach Atlantic, said he had taken “full responsibility” for actions related to what was reported as a scheme deceiving the school’s board of trustees into giving him nearly $200,000 which he has since repaid.
Palm Beach Atlantic formerly was affiliated with the Florida Baptist Convention.
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