Cosmetology Schools Owners Indicted For Fraud

Two women who run a chain of cosmetology schools in Tennessee and North Carolina have been indicted on charges they stole nearly $500,000 in federal grants and education funds.

Penny Burns and Ruby Klyce are accused in the 14-count federal indictment returned Tuesday of conspiracy to defraud the federal government, wire fraud, forgery, embezzlement and destruction or concealment of records.

The Commercial Appeal reported their corporation, HD Adcock and Associate Inc., runs schools in Memphis, Jackson and Nashville, as well as Charlotte, Greenville, Winston-Salem and Durham in North Carolina.

According to the indictment, the two failed to report that some students had withdrawn from their schools and kept grants and loans to which they were not entitled.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Anonymous 1 on Apr 25, 2010 at 09:33 PM
    Why no pictures of these's women.you posted a picture of a woman who stole a 1000.00 dollar's, why not the one's who stole 500,000 dollar's.
  • by sandy Location: grifton on Apr 22, 2010 at 06:29 PM
    Here we go again with these women stealing money!!! What is wrong with these women? I am so sick of hearing about women stealing, where are the men in their lives? Do they have to support them because they are to sorry to support the women. Go find a real man who will work their butts off for you so you won't have to steal to get what you want or to try to be someone you are not!!! GO TO JAIL!!!!!!!!
  • by robber baron Location: greenville on Apr 22, 2010 at 10:28 AM
    Axe not whut yo country can do fo you. Axe whut you can do fo yo country.
  • by Anonymous 2 on Apr 22, 2010 at 08:57 AM
    It appears they are in a "hairy" situation now. I had too. Sorry!
  • by Aunt B Location: greenville on Apr 22, 2010 at 07:05 AM
    For scraufalot: Get a Job!!
  • by srcaufalot Location: farmville on Apr 21, 2010 at 07:38 PM
    People like this is why i can't get help from our goverment
  • by b4real Location: enc on Apr 21, 2010 at 06:45 PM
    Loving that pun
  • by Anonymous on Apr 21, 2010 at 06:22 PM
    I bet they'll say, "We were just teasing"...or maybe they'll try to give everyone the "brush off"....I'm sure there's a pile of evidence to comb through and once they trim it up a bit, they'll have a judge in the chair.
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