"Charter schools, which Texas began allowing in 1995, were supposed to set educators free — and they did.
. . . .
Unfortunately, the worst charter schools were free to fail — sometimes spectacularly, in ways that involved large amounts of money and criminal charges. In the Houston area, for instance, The Prepared Table saw its charter revoked in 2002; four of its administrators — a pastor and three relatives — were alleged to have stolen $3 million from federal and state programs. The Jesse Jackson Academy (with campuses in both Houston and Fort Worth) closed in 2008 amid charges it had misappropriated $3.2 million in federal grants. And last year, Gulf Shores Academy had to be reformulated after school administrators allegedly swindled more than $10 million from the state."
. . . .
Unfortunately, the worst charter schools were free to fail — sometimes spectacularly, in ways that involved large amounts of money and criminal charges. In the Houston area, for instance, The Prepared Table saw its charter revoked in 2002; four of its administrators — a pastor and three relatives — were alleged to have stolen $3 million from federal and state programs. The Jesse Jackson Academy (with campuses in both Houston and Fort Worth) closed in 2008 amid charges it had misappropriated $3.2 million in federal grants. And last year, Gulf Shores Academy had to be reformulated after school administrators allegedly swindled more than $10 million from the state."