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| BEYOND THE HEDGES: Connecticut chemist linked to gold-trading scheme |
|
A chemistry professor at the University of Connecticut has been charged with
trading gold that he obtained from laboratory experiments for cash and
jewelry.
Edward S. Kostiner turned himself in to police last month after authorities linked him to unusual gold sales at a jewelry store. He was charged with larceny. "Administrators are reviewing the case to determine whether Kostiner should keep his job," Karen Grava Williams, a university spokeswoman, said. The police began investigating after a routine review of pawnshop and jewelry-store transactions found purchases of odd-sized pieces of 23-karat and 24-karat gold. An investigation revealed that Kostiner had traded pieces of gold for cash and a woman's Tiffany watch, together worth $7,380, Williams said. Police traced the gold to the university and later found precious metals worth $12,000 in Kostiner's desk, she said. Gary Epling, head of the Chemistry Department, said Kostiner had used the suspected metals in experiments. Source: The Chronicle of Higher Education , March 7.
This item appeared in the News section of the March 21, 1997 issue. |
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