His scheme was seen through.
According to CNBC,
“Seth Andrew, a former White House advisor to the ex-President Barack Obama, was arrested this week on charges related to him allegedly stealing $218,005 from a charter school network he founded. U.S. Attorney’s Office for the Southern District of New York stated that Andrew has been charged with wire fraud, money laundering, and giving false statements to a financial institution.”
“As alleged, Seth Andrew abused his position as a founder of a charter school network to steal from the very same schools he helped create,” U.S. Attorney Audrey Strauss said in a statement. “Andrew is not only alleged to have stolen the schools’ money but also to have used the stolen funds to obtain savings on a mortgage for a multimillion-dollar Manhattan apartment.”.
The public prosecutors claim that even back in 2019, Andrew has looted a series of escrow accounts that he has previously set up in individual schools. He has obviously been planning to get within the network of schools, mostly those of the Democrats Prep, and then used the money to open a business account in the name of one of those schools at the bank. They have a surveillance photo from the bank with his name on it, dating from October 2019.
At the time of his arrest, Andrew was working as a CEO of Democracy Builders, which bills itself as a “social sector studio that has launched more than $1billion in enterprises that are changing the face of education, democracy, and technology around the world.”
This article posted on: www.thetrudefender.com