Thursday, July 15, 2010

Barbara A. McKinzie

A group of Alpha Kappa Alpha Sorority, the nation's oldest Greek-lettered sorority for African-American women, members sued AKA and its president, former Chicago Housing Authority financial executive Barbara A. McKinzie, claiming she misappropriated millions of dollars in AKA money, paying herself more than $1 million in salary and retirement from the traditionally unpaid office. They also claimed she spent thousands of dollars at a time on meals, limousine rides and jewelry for personal use, funding a project that included a wax statue of herself in a Baltimore museum and starting a campaign to raise $100 million for an endowment fund to be run by her management firm, BMC Associates. A judge in February dismissed the lawsuit. It is being appealed. - CHERYL V. JACKSON

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