UW official: No evidence of fraud in overpayments

Published On: Mar 07 2013 03:53:59 PM CST
Money
MADISON, Wis. (AP) -

A University of Wisconsin System official says there's no evidence of fraud following the discovery that the UW System overpaid $33 million for health insurance premiums and pension contributions over the past two years.

UW System executive Michael Morgan told the board of regents Thursday that the investigation is ongoing, but there's nothing to suggest that any of the money ended up in secret bank accounts.

The overpayments were revealed following a recent routine audit by the state. The UW System has recovered all but about $12 million, and Morgan says efforts continue to recoup those dollars.

Morgan says changes are being implemented to prevent further overpayments. He says the System has also hired auditors to oversee the changes and to evaluate further shortcomings with the system.