A former Yale School of Medicine employee has pleaded guilty to stealing $40 million from the University which she used to splash out on expensive cars, real estate, and holidays, the U.S. Department of Justice announced. Jamie Petrone, 42, pleaded guilty on March 28 in federal court in Hartford, Connecticut, to one count of filing a false tax return and one count of wire fraud for her role in the money-making scheme which saw her steal a total of $40,504,200 from Yale. Both counts carry a combined sentence of up to 23 years in prison. According to court documents, Petrone began working for Yale’s Department of Emergency Medicine in 2008 and most recently served as Director of Finance and Administration for the department. Due to the nature of her role, Petrone had the authority to make and authorize certain purchases for the department, as long as the amount did not exceed $10,000. However, starting as far back as 2013, Petrone embarked on …