How often do we need to hear the same thing before the legislature will act. For profit charter management is an open invitation to fraud. These charter management companies have hidden affiliated companies that do what they want out of public view.
Tbo News reports that racketeering charges have been filed against Marcus May and his associate who run 15 Newpoint charter schools in Florida (Bay County, Jacksonville, Hillsborough, Pinellas). The story underscores the League’s constant refrain: The Legislature must enact measures to correct charter school fraud and abuse. For the past two years, the legislature has rejected first Senator Gaetz’s call for reform legislation and then Senator Simmon’s measures to correct charter mismanagement. What does it take to get action?
These Newpoint related companies are a maze of legal entities that are banded together to make it impossible for local citizens to know where their tax payer dollars are going. Newpoint’s affiliated companies include School Warehouse and Red Ignition. They overcharged for computers, filed fake enrollment reports, extracted large fees, and used money to pay for expensive vacations, personal home, and on and on.
Fifty-seven million dollars of public money was given to this group. Millions were stolen. Initially they were under investigation for giving fake grades to students. Now they face charges of grand theft, money laundering, and white collar crime along with their racketeering charges. They recognize no limits.