Former MIT professor from Hamilton found liable for misusing startup’s funds

Excerpts: Former MIT professor from Hamilton found liable for misusing startup’s funds

  • John Donovan Sr., 77, of Hamilton, was using investor funds to pay for country club membership, hair treatments, property tax bills, and other expenses, Judge Brian Davis wrote in his decision, according to a report Wednesday in the The Salem News.
  • Donovan, who has not taught at MIT since 1997, has faced legal trouble before. He once falsely claimed his own son had arranged to have him shot, and faces charges of trying to swindle his late son’s family out of several properties.

Source: Boston.com