More Charter Schools stealing public money
On the heels of a Florida charter school operator taking home 800k
From the La Times: The founders of a San Fernando Valley charter school were sentenced Friday for the misappropriation of more than $200,000 in public funds in a case that could affect charter schools statewide.
Yevgeny "Eugene" Selivanov, the co-founder of Ivy Academia Charter School, faces four years and eight months in prison.
His wife, Tatyana Berkovich, who had a lesser role in managing school finances, must serve 45 days in County Jail. She also will be sentenced to five years probation and 320 hours of community service.
From the Washington Post: D.C. PUBLIC charter school officials say that, as soon as they learned about alleged fiscal irregularities at the city’s oldest charter school, they took swift action. That’s true. But two issues remain: why the alleged abuses were not discovered sooner, and whether sufficient protections are in place to ensure that public funds are spent in the best interest of students.
Suspicions by the D.C. Public Charter School Board about improper contracts at the Options Public Charter School resulted in a lawsuit by D.C. Attorney General Irvin B. Nathan , seeking a receiver for the Northeast school. The civil lawsuit, filed Tuesday in D.C. Superior Court, alleges that leaders of Options enriched themselves with at least $3 million in taxpayer funds intended to serve students. According to the suit, the school’s leaders created for-profit companies that entered into contracts with the school to deliver services at high prices.