Manor College Finances Betrayed: Three Charged in $700K Theft Scheme

Manor College in Jenkintown, Pennsylvania, is reeling after the arrest of three individuals accused of stealing over $714,241 from the institution. The alleged theft involved misuse of credit cards, fake invoices, and money laundering tied to trusted administrative roles.

The primary suspect, Arion “Jonathan” Singh, 41, was formerly Vice President of Finance. Investigators allege he charged more than $451,000 in personal expenses—including NYC rent, country club fees, fine dining, travel, and more—on the college’s purchasing cards. Singh is accused of conspiring with his romantic partner, Sydney Loveless, 39, who allegedly submitted false invoices for $215,000 via a shell company, and Amar Persad, 46, who allegedly used his electrical business to help launder funds and submit inflated charges.

College officials first detected irregularities in March and alerted county authorities. An audit of financial records spanning January 2023 to April 2025 exposed the misuse. The three suspects voluntarily surrendered on Friday and were arraigned before Magisterial District Judge Kathleen Rebar. Singh was granted unsecured bail set at $500,000; Loveless and Persad each received $250,000 unsecured bail. A preliminary hearing is scheduled for October 15.

Manor College’s Board of Trustees released a statement affirming full cooperation with law enforcement and a commitment to financial oversight. It said the institution has restructured its Business Office, brought in new auditors, revisited internal controls, and leveraged insurance coverage as an added safeguard. The board also emphasized the college’s legacy of fiscal stewardship and affirmed confidence that justice will be served.

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