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Charter schools are by design a griftogenic environment, so operators are at their most creative in figuring out ways to benefit themselves:
| February 29, 2024 |
| Five people charged with defrauding the Arizona ESA program |
| Five people are being accused of fraudulently receiving money from the Arizona ESA program by creating "ghost students" through fake birth certificates. |
| Source: www.abc15.com |
| February 27, 2024 |
| Hmong College Prep teacher charged with sexual abuse of student |
| The school asked any student or family member with concerns about the former teacher to contact them or law enforcement. |
| Source: www.twincities.com |
| February 27, 2024 | In dozens of Minnesota schools, entire classes are failing to meet minimum state standards - Minnesota Reformer |
| Most are public charter schools ... Most of the schools with extremely high failure rates — 59 of the 78 — are public charter schools [ed note: There are about 180 charter schools in MN and about 2,500 public schools. So 59 out of 180 charters have extremely low scores, and 19 out of 2,500 public schools have them] |
| Source: minnesotareformer.com |
| January 29, 2024 |
| Exeter charter school closing amid investigation into alleged fraud and embezzlement |
| Families in the Seacoast rallied around the alternative school when it opened in 2022, but some say they saw warning signs of mismanagement early on. |
| Source: www.nhpr.org |
| January 26, 2024 |
| New info on multi-million dollar education fraud after recent charter school-related indictment |
| Officials with the U.S. Attorney's Office for the Southern District of Indiana released more information about a recent indictment brought forward in a multi-million dollar education-related fraud scheme. |
| Source: fox59.com |
| January 25, 2024 |
| Virtual charter school trio federally indicted |
| INDIANAPOLIS — The U.S. Attorney for the Southern District of Indiana alleges that three operators of a pair of virtual charter schools defrauded the state of Indiana for tens of millions of dollars by inflating the number of students learning from home sitting before keyboards. From 2016-2019, the federal indictment claims that Thomas Stoughton, Phillip […] |
| Source: fox59.com |
| January 25, 2024 |
| Former leaders of virtual schools face federal charges tied to alleged enrollment scam |
| The operators of Indiana Virtual School and Indiana Virtual Pathways Academy are accused of inflating enrollment numbers and in some cases using state funds for personal purchases. |
| Source: www.chalkbeat.org |
| January 9, 2024 | Rochester charter schools discuss mediation with bank in January hearing |
| Documents estimate that the Rochester Math and Science Academy has between $1 and 10 million in assets, but between $10 and 50 million in liabilities. |
| Source: www.kaaltv.com |
| January 6, 2024 |
| Financial crisis leads to sudden shuttering of JJ Legacy [CHARTER] School |
| In an emergency school board meeting, families and staff learned that “there is no more money” and the school would need to close January 12. Parents will have just one week to find new schools for kids. |
| Source: sahanjournal.com |
| January 5, 2024 | Colorado charter schools need more transparency and accountability - Colorado Newsline |
| Colorado law governing charter school operations is inadequate to ensure full transparency for the public funding of the schools. |
| Source: coloradonewsline.com |
| January 1, 2024 |
| School bells going silent in Clarkfield first time since pioneer days in western Minnesota town |
| The small community's charter school has made the decision to close as enrollment declines, leaving the community without an operating school for the first time since pioneer days. |
| Source: www.wctrib.com |
| December 21, 2023 |
| Rochester charter schools serving Somali children declare bankruptcy, leaving future in doubt |
| Rochester STEM Academy and its counterpart Rochester Math and Science Academy began Chapter 11 bankruptcy proceedings in early December. |
| Source: www.startribune.com |
| December 14, 2023 |
| KIPP charter schools to close three under-enrolled campuses, angering some parents |
| The move is a setback for a largely successful competitor to traditional public schools, which also will have to respond to enrollment declines. |
| Source: www.latimes.com |
| December 9, 2023 |
| Burnsville charter school must make reforms after alleged misuse of funds by former officials – Twin Cities |
| Minnesota Attorney General Keith Ellison on Friday announced a settlement with Gateway STEM Academy after an investigation by his office found former school leaders steered school money to companies they owned or controlled. |
| Source: www.twincities.com |
| September 28, 2023 |
| Cary charter school illegally retaliated against math teacher, federal ALJ rules |
| The teacher had complained about the lack of special education services at Cardinal Charter Academy |
| Source: ncnewsline.com |
| September 27, 2023 | Minnesota accountant allegedly stole $42K from Hmong charter school |
| The Anton Group, a St. Paul–based accounting firm, provided services to one in five Minnesota charter schools in 2022, but dissolved in wake of the alleged fraud. Neal Thao, the CEO of Noble Academy, said charter schools should “look at their accounts very carefully.” |
| Source: sahanjournal.com |
| September 25, 2023 |
| This westside Indianapolis charter school is closing on Oct. 6. |
| The charter school on the west side of Indianapolis opened in 2018 but struggled with enrollment. |
| Source: in.chalkbeat.org |
| August 25, 2023 |
| Options withdraws Edinburgh charter school application after backlash - Daily Journal |
| The decision Wednesday came after leaders from surrounding schools pushed back against the plan during a public information session Monday at Edinburgh Premium Outlets, where charter school officials originally planned to open a location. |
| Source: dailyjournal.net |
| August 21, 2023 |
| Philadelphia school's charter revoked after admissions lottery allegations |
| The Philadelphia Board of Education voted 8-1 to revoke Franklin Towne Charter High School's charter Thursday night. |
| Source: www.cbsnews.com |
| August 10, 2023 | Twin Cities German Immersion School, MN 2013 & 2019 Bond Rating Outlook Revised To Negative From Stable On DSC Violation |
| "The outlook revision reflects the deterioration in TCGIS's financial performance in fiscal 2022, which resulted in a debt service coverage violation," said S&P Global Ratings credit analyst Alexander Enriquez. While management has implemented a corrective action plan, another violation is expected in fiscal 2023. Management has developed a plan for fiscal 2024 and beyond that includes increasing class sizes, developing other revenue streams, and optimizing staffing. |
| Source: disclosure.spglobal.com |
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