Yes, more fraud, waste and abuse that Florida must address. The Pinellas School Board voted to shut down three NewPoint charter schools today. Windsor Prep, East Windsor and NewPoint Pinellas are all involved in an indictment for fraud. Read the Tampa Bay Times editorial. The editor calls for an investigation of two other NewPoint related schools which also appear to be involved in self dealing with tax payer money.
The same charter management company is indicted in Pensacola for grand theft, money laundering and white collar crimes.
State policies severely limit the ability of the elected school board members to have adequate oversight of charter schools. For profit management firms are not required to be transparent in their financial dealings. Thus, as shown in other investigations, even charter board members in some cases, may be ignorant of fraudulent activities. In other cases, board members may be associated with the management firms’ subsidiary companies.
The League has consistently called for charter school board members to be independent of the charter management firms. We have called for greater transparency in financial records. We will keep calling.