Deborah Pierce, who ran the Confucius Institute at Webster University, has been indicted.The 61-year-old St. Louis woman allegedly embezzled $380,000 by writing checks from the Institute to cash and to herself, as well as paying her own personal bills and and those of her family members from its accounts, according to the U.S. Attorney's Office.
In September 2013, Pierce allegedly set up a separate, unauthorized bank account over which she had sole control and funneled Institute money to herself, the feds charge. She allegedly diverted money for nearly three years, from setting up the account until June 2016.…