NEW YORK — The Fashion Institute of Tech­nology has dismissed its director of payroll, Dennis Sudul, a seasoned horse race handicapper, for “manipulating FIT systems with regard to information concerning his income.”

A school spokeswoman declined further comment, pending the conclusion of an ongoing investigation.

Last month, Sudul was suspended with pay following a preliminary probe. At that time, his wife, Lina, an employee in FIT’s accounting department, was placed on leave with pay, though she was not under investigation. She will now return to work, according to a statement released by FIT Wednesday.

Phone calls to the Sudul’s residence Wed­nesday were not answered. The extent of the financial irregularities has not yet been determined.

In FIT’s initial statement about the investigation and Dennis Sudul’s paid suspension, the school claimed: “Our findings to date have not indicated that any other individuals are involved.” It also said, “FIT has taken all necessary steps to ensure that the payroll office is fully functional.”

Sudul’s horse-racing know-how is well documented. Horseplayer Magazine’s Web site reported, “Sudul has been winning major handicapping tournaments longer than anyone in tournament history [21 years].

“In all, Sudul counts over 35 top 10 tournament finishes and over $300,000 in career tournament earnings. His accomplishments over the past 20 years have earned him inclusion into BRISnet’s $100K Hall of Fame.”

This story first appeared in the January 25, 2007 issue of WWD. Subscribe Today.

load comments
blog comments powered by Disqus