Friday, December 16, 2016

Capo Unified sends critical audit on Oxford charter schools to D.A. - The Orange County Register

Capo Unified sends critical audit on Oxford charter schools to D.A. - The Orange County Register:

Capo Unified sends critical audit on Oxford charter schools to D.A.

critical audit that alleges fraud at Oxford Preparatory Academy, which has two campuses in south Orange County, is being referred to the Orange County District Attorney’s Office.
Board members with the Capistrano Unified School District, which oversees the Oxford’s public charter in Mission Viejo, on Wednesday night referred to District Attorney Tony Rackauckas an audit that accuses the school’s founder of “laundering” campus funds through for-profit entities run by friends and family members.
“The public has a right of protection of public funds,” Capistrano Unified Trustee James Reardon said Thursday. “CUSD is not a policing agency, so we have to rely on the district attorney to investigate wrongdoing. ... We can easily conclude from that report that something bad happened.”
The Fiscal Crisis & Management Assistance Team, created by legislators in 1992 to help California school districts comply with fiscal accountability standards, released the 45-page audit last month accusing Oxford founder Sue Roche of setting up a system that diverted public school funds to her and her associates.
Roche’s attorney, Marc Greenberg, has denied wrongdoing and accused those who created the report of misinterpreting facts.
Oxford has schools in Chino, Lake Forest and Mission Viejo. While the K-8 Capo Unified sends critical audit on Oxford charter schools to D.A. - The Orange County Register:


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