BREAKING: Obama Shocker – He’s Pleading Guilty To $218k Theft

A former adviser to President Barack Obama had pleaded guilty to stealing some $218,000 from charter schools.

“Seth Andrew, a former White House adviser, admitted today to devising a scheme to steal from the very same schools he helped create. Andrew now faces time in federal prison for abusing his position and robbing those he promised to help,” U.S. Attorney Damian Williams said, according to Fox News.

Fox reports: “The Department of Justice [DOJ] said Andrew created ‘School Network-1,’ a series of New York-based charter schools. In 2013, Andrew left his position at the school and took a role in the Department of Education. He later became a senior adviser in the White House’s Office of Educational Technology.”

Fox adds:

In 2019, Andrew closed three escrow accounts that, pursuant to the charter agreement, were only to be shut down in the case that the schools dissolved, and “funds could not be moved by Andrew, or anyone, without proper authorization.”

“He then deposited the money from two of the closed escrow accounts into a new business bank account. According to DOJ, in order to open the new business account, he misrepresented to a bank employee that he was a ‘Key Executive with Control’ of School Network-1 Charter School and supported that misrepresentation with emails,” Fox reported.

“In addition, he deposited the third escrow account funds into an account that he opened at another bank,” according to Fox.

“I am truly sorry for what I have done,” Andrew told the judge, as Fox reported. “What I did was wrong and I deeply regret my actions. And, as I stand before you today, I have tremendous remorse for the impact it has had on the schools, the alumni, and my own family.

To read the rest of this story, click here.

Share on facebook
Share to Facebook

Leave a Reply

Your email address will not be published.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.