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EL PASO, Texas (AP) — Two relatives of the Texas operator of a now-closed private college have agreed to repay $300,000 in a bankruptcy settlement.
The FBI in West Texas and New Mexico in July 2014 raided two campuses of Anamarc College and the owner's El Paso home. Anamarc College closed last year amid financial troubles.
The El Paso Times (http://bit.ly/1LtK6oZ ) reported Friday that the owner's sister and brother-in-law agreed to repay the funds. A judge Oct. 15 approved the deal with Enrique Diaz and his wife, Elsa Lorena Piña. Both had worked for the college.
The newspaper reports Diaz in 2012 signed a document acknowledging he inappropriately took school money and promised repayment if charges were not filed. The owners sued him, then Diaz filed for bankruptcy.
Investigators believe the funds were wired to Mexico.
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Information from: El Paso Times, http://www.elpasotimes.com
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