Court Hearings Scheduled in Steubenville Over Alleged $20M College Grant Theft

Authorities have scheduled court appearances in Steubenville for three individuals secretly indicted in the alleged theft of approximately $20 million. The racketeering case alleges a coordinated scheme that diverted Pell grants and state subsidies from the now-defunct Eastern Gateway Community College through fraudulent reimbursements. Michael Geoghegan, who served as chief financial officer and president of the college, is among those summoned to appear before a judge in Jefferson County Common Pleas Court.

The indictment alleges that funds were diverted using four separate for-profit entities. Because the scheme involved federal financial aid and state subsidies, the case raises concerns about regulatory compliance within the educational sector.