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Former Obama White House adviser arrested for allegedly stealing over $200,000 from charter schools he founded

April 27, 2021. Summarized by summa-bot.

Compression ratio: 25.1%. 1 min read.

A former White House senior adviser for the Obama administration who helped found a network of charter schools is accused of allegedly stealing hundreds of thousands of dollars from the schools and attempting to launder the funds in order to get a lower interest rate on a mortgage for a Manhattan apartment, according to federal prosecutors.

(CNN)A former White House senior adviser for the Obama administration who helped found a network of charter schools is accused of allegedly stealing hundreds of thousands of dollars from the schools and attempting to launder the funds in order to get a lower interest rate on a mortgage for a Manhattan apartment, according to federal prosecutors.

According to a criminal complaint filed on April 20 and unsealed Tuesday, prosecutors allege that between March and August of 2019, Andrew used his former association with the network of schools to allegedly steal $218,005 of the school's reserve money by using his email address affiliated with the schools to email a bank employee and convince them that he was still associated with the school, which he was not.

by summa-bot

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