A former White House education adviser during the Obama administration has been arrested and charged with stealing $218,005 from a charter school network he founded, prosecutors said.
Seth Andrew, 42, who served as a senior adviser in the Office of Educational Technology, was arrested April 27 on charges of wire fraud, money laundering, and making false statements to a financial institution. Federal prosecutors in the U.S. Attorney’s Office for the Southern District of New York allege that he used more than half of the money to maintain his bank account above a threshold that enabled him to get better interest rates for a mortgage of his multimillion-dollar Manhattan apartment.
“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,” Manhattan U.S. Attorney Audrey Strauss said.
Andrew is the founder of a prominent chain of charter schools based in New York City named Democracy Prep Public Schools, which he founded in 2005. The chain now operates 21 public charter schools across the country, educating 6,500 students.
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Crime spree is right.