UH a "victim of a white-collar crime" - Hawaii News Now - KGMB and KHNL

UH a "victim of a white-collar crime"

HONOLULU (HawaiiNewsNow) -

"From day one, we regarded the university as an institutional crime victim. And we focused our investigation on the suspects who received the money," said Vida Bottom, FBI Special Agent in charge of the Honolulu Office.

The bureau declined to say if the University of Hawaii knew of Marc Hubbard's involvement in the bogus Stevie Wonder concert because it might be evidence presented in court.

In a written statement, UH President MRC Greenwood said the university fully cooperated with the bureau.

"We look forward to the criminal justice system proceeding to prosecute those charged," she said.

UH student Nate Nicholson echoed her optimism. "I'm appreciative that somebody is going to investigate, that investigations are happening, that we are going to potentially find the people that have tricked us," he said.

But Sen. Sam Slom, who was on a special committee looking into the concert fiasco said UH should have checked out who they were dealing with. He called the loss of $200,000 in deposit money inexcusable.

"You can't excuse these fiscal trespasses," he said. "They've got to be addressed or they will continue."

"It just doesn't look good for the people that are running our university. It looks like they're not responsible with our money, all the money that we pay to go here," student Kiana Lacanaria said.

Greenwood said the US Attorney and FBI confirm UH was the "victim of a white-collar crime."

"We trust that this will help the university move past the failed concert episode and move forward with its many important issues," she said.

Copyright 2012 Hawaii News Now. All rights reserved.

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