Credit: Montgomery County District Attorney.
Three people, including a former Manor College administrator, have been charged in connection with the theft of more than $700,000 from the small Jenkintown college, Montgomery County District Attorney Kevin R. Steele announced.
Arion “Jonathan” Singh, 41, of Huntingdon Valley, who served as the college’s Vice President of Finance, is accused of using college credit cards and fake invoices to steal hundreds of thousands of dollars. Sydney Loveless, 39, of Chicago, identified as Singh’s romantic partner, and Amar Persad, 46, of Cheltenham, were also charged.
According to investigators, college officials discovered irregularities earlier this year and contacted Montgomery County detectives in March. A review of Singh’s college “P-Cards,” or purchasing cards, showed more than $450,000 in personal spending on luxury items, rent for a New York City apartment, travel, restaurants, and club memberships.
Detectives also uncovered about $215,000 in payments to a shell company called DLW Professional Services Group, allegedly tied to Loveless. Those payments were made using handwritten checks from Singh and deposited into a new account Loveless opened the same day the first fake invoice was submitted.
Another $38,000 was connected to 3D Electric LLC, a business run by Persad. Investigators say Singh, Loveless, and Persad used the company to launder stolen money, disguising payments as legitimate transactions and returning some of the funds to Singh.
Steele said the trio “took advantage of a small college where many students are the first in their families to attend college.” Manor College officials reported the theft immediately and worked with law enforcement throughout the investigation.
All three defendants turned themselves in on Oct. 10 and were released on unsecured bail. Preliminary hearings are scheduled for Oct. 15 before Magisterial District Judge Juanita Price.
