Ex-White House Adviser Charged With Stealing From Charter Schools
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Seth Andrew, a former White House adviser and Department of Education official under President Barack Obama, was arrested Tuesday and charged with wire fraud, money laundering and making false statements to a financial institution, the U.S. Department of Justice announced.
Andrew is accused of stealing $218,005 from the national charter school network he founded, according to the announcement. He allegedly used more than half of the stolen money from the network of public charter schools to secure a better interest rate on a mortgage for a multimillion-dollar Manhattan apartment.
“The money he took belonged to an institution serving school-aged children,” William F. Sweeney Jr., Federal Bureau of Investigation assistant director, said in the Justice Department's press release. “Today Andrew himself is learning one of life’s most basic lessons -- what doesn’t belong to you is not yours for the taking.”