An investigation into the financial dealings of Lisa S. Coico, a former president of the City College of New York, has expanded to include the question of whether she received thousands of dollars in unauthorized payments from the collegeâs oldest alumni fund, The New York Times reported last week.
That development, along with an inquiry into possible misuse of federal research money, has raised concerns among officials at the City University of New York (the system of which City College is a part) and Gov. Andrew M. Cuomo.
Here is a guide to understanding the situation:
The Times reported in May 2016 that the 21st…