Stanford University News Service
425 Santa Teresa Street
Stanford, California 94306-2245
Tel: (650) 723-2558
Fax: 650) 725-0247
November 9, 2004
Ray Delgado, News Service: (650) 724-5708, firstname.lastname@example.org
The Santa Clara County District Attorney's office has charged Foster City resident Peter Trinca, 54, with one felony count of grand theft after an extensive investigation conducted by the university's Department of Public Safety, the internal audit unit and the general counsel's office.
Trinca served as senior vice president and manager of West Coast operations for College Enterprises Inc., Pulse's parent company, from 1999 to 2003. He worked from the vendor's Tresidder Union location.
Trinca provided false business statements to numerous departments and the hospital in order to receive promotions and financial incentives from his employer, according to the District Attorney's office.
Debra Zumwalt, vice president and general counsel at the university, said university officials learned of the accounting discrepancies in services provided to the university by Pulse in October 2003. The university conducted an internal investigation of the matter and confirmed more than $1.5 million in losses, the vast majority of which came from the Stanford Hospital and its clinics.
The case was forwarded to the university's Department of Public Safety for further investigation and then turned over to the District Attorney's office for prosecution, Zumwalt said.
"The university takes seriously its obligation to protect its assets and will seek the criminal prosecution of anyone who has defrauded the university and civil restitution of the monies stolen," Zumwalt said.
Laura Wilson, Director, Stanford Department of Public Safety: (650) 723-9633, email@example.com
Email firstname.lastname@example.org or phone (650) 723-2558.