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Ex-Kappa Alpha Psi Exec Sentenced to Prison for 2.5 Years After Stealing Over $3M From Fraternity

by Iesha
February 24, 2022
Reading Time: 7 mins read
0
Curtis D. Anderson
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On Tuesday, Curtis D. Anderson, a former Kappa Alpha Psi Fraternity executive, was sentenced to 2.5 years in prison for a multi-million dollar embezzlement incident three years ago.

Anderson, 60, worked as a finance director at Kappa Alpha Psi’s international headquarters in Philadelphia for two decades.

As previously reported, he admitted to embezzling more than $1 million from the fraternity for over six years to fund his gambling habit.

According to court documents, investigators eventually discovered Anderson embezzled just under $3 million from the Kappas. The Philadelphia Inquirer reported that the fraternity terminated Anderson in December 2018 after Kappa leaders discovered money missing and questioned him.

He
later pled guilty to wire fraud and aggravated identity theft charges.

“I lost myself in a very dark season of my life to a true beast — an uncontrolled gambling addiction,” Anderson told a courtroom on Tuesday.

“But that’s not an excuse for what I did, and I’m honestly sorry,” he added.

Anderson was praised by U.S. District Judge Timothy Savage for seeking therapy and making amends for his crimes, but he was also chastised for betraying his fraternity brothers.

“What I see is before me is a 60-year-old man who abused his employer’s trust and is now a shamed and convicted man,” Savage said. “He enjoyed a wonderful reputation, and all of that has been shattered. … That is punishment. Punishment to carry the shame. Punishment to worry about what people that always looked up to you think of you now. I can’t order that.”

According to prosecutors, in June 2012, Anderson began writing checks for himself and others whose signatures he could forge in exchange for cash.

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