Monday, December 16, 2013

Charter school operators ordered to pay $300K in restitution | Pass / Fail | 89.3 KPCC

Charter school operators ordered to pay $300K in restitution | Pass / Fail | 89.3 KPCC:

Charter school operators ordered to pay $300K in restitution

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Robyn Beck/AFP/Getty Images

Los Angeles Superior Court Judge Stephen Marcus on Monday ordered the founders of a San Fernando Valley charter school to repay nearly $300,000 for money they embezzled and taxes on the ill-gotten gains.
Yevgency "Eugene" Selivanov and Tatyana Berkovich ran a money-making scheme with public school funds from Ivy Academia Charter Schools, which still has campuses in Woodland Hills, Winnetka, West Hills and Chatsworth.
The husband and wife founded the school network in 2004 and were convicted in trial earlier this year of embezzling school funds, laundering the money and filing a false tax return.
Among the criminal acts: the couple owned one of the school buildings and hiked the