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A co-owner of an online charter school network accused of stealing tens of millions of dollars from the California Education Fund was sentenced to four years in state prison on Friday. Jason Schrock, 46, from Southern California and his business partner, Sean McManus of the San Diego County District Attorney’s Office, said a 48-year-old Australian student was also fined $ 37.5 million. dollars. The county supervisory board said last month that fines should be issued for programs that support kindergarten through grade 12. Shrock and McManus ran A3 Education, which operates 19 online-only charters. According to prosecutors, the company has used various programs to increase school enrollment in order to increase public funding for education, including acquiring smaller schools. Hool district for accreditation of charter schools online. We get the most money by paying for sports leagues, camps, and other youth programs to collect student information, distort school calendars, and move kids between campuses online. According to the prosecutor’s office, some parents did not even know their children were enrolled. McManus and Shrock have also been accused of sending more than $ 100 million in funds for public schools to private companies they own and control. Pretend to provide educational services. In fact, according to prosecutors, a lot of the money went into their pockets. In February, Shrock and McManus pleaded guilty to a conspiracy against the embezzlement of public funds. Shrock also pleaded guilty to the conflict of interest. McManus is awaiting a decision. He was one of some 12 people indicted in this case. A total of more than $ 220 million was recovered from the stolen funds, of which $ 14 million will be returned to charter school students, according to the district attorney’s office. Other funds go to the state.
A co-owner of an online charter school network accused of stealing tens of millions of dollars from the California Education Fund was sentenced to four years in state prison on Friday.
According to the San Diego County District Attorney’s Office, Jason Schlock, 46, of Southern California and his business partner, Sean McManus, 48, of Australia, were also ordered to pay a fine of 37.5 millions of dollars.
The county supervisory board said last month it should fine programs that support kindergarten to grade 12 students in the county.
The case is one of the biggest fraudulent plans in the country to target taxpayer dollars for primary education. “
Schrock and McManus ran A3 Education, which operates 19 online-only charter schools across California. The prosecution said the company had used various programs to increase school enrollment in order to fund the state’s education. This includes getting small school districts to license charter schools online. Pay for sports leagues, camps, and other youth programs to collect student information, distort school calendars, and move kids between campuses online for maximum funding.
According to the district attorney’s office, schools “provide little or no education to most of their children,” while public funds bring in up to $ 4,000 per student, with some parents having their own children. They didn’t even know they were registered.
McManus and Schrock have also been accused of sending more than $ 100 million in funds for public schools to private companies that own and operate them under the guise of providing educational services.
In fact, much of the money was spent in their pockets, the prosecutor said.
In February, Schrock and McManus pleaded guilty to a conspiracy to embezzle public funds. Shrock also pleaded guilty to the conflict of interest.
McManus is awaiting a decision. He was one of some 12 people indicted in this case. Most have already pleaded guilty.
In total, more than $ 220 million in stolen funds have been recovered, of which $ 14 million will be refunded to charter school students, the district attorney’s office said. Other funds go to the state.
Californian jailed for massive charter school scam Source link Californian jailed for massive charter school scam
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