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July 28, 2007
Robert McLean Never Paid MTSU
Robert W. McLean: The Man No One Knew
An MTSU Foundation member, who asked not to be identified, told WGNS News that an agreement for the pianos was drawn-up allowing McLean to pay only the interest on the principal of the gift for 4-years. After that time, he would pay one-tenth of the pledge annually. Although figures are not being released, it has been confirmed by several reputable sources that payments are not being made. In addition to the Steinway gift that put McLean's name on the School of Music, he made another $1-million gift in 2006 designated for athletics and academics.
Another community leader who lost a significant amount of money in what is being called a Ponzi scheme, told WGNS, "He hit me when I was vulnerable. I was fighting a recurrence of cancer and a close family member had a terminal illness. McLean visited the hospital daily, and later even participated in a family members' funeral. I had set aside a gift for MTSU, but was persuaded to let him help it grow. I feel so violated!"
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Posted by Rob Kiser on July 28, 2007 at 09:27 PM
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