Arizona: Charter Leader Sentenced to 3+ Years in Prison for Misappropriation of $2.5 Million
The former principal of a closed charter school in Arizona was sentenced to 3.75 years in prison for participating in a scheme to loot $2.5 million by inflating enrollment. The principal was a high school graduate, which is okay in Arizona, where credentials don’t matter. The principal and his associates forged documents for phantom students.
Craig Harris of the Arizona Republic wrote:
The former principal of a closed West Valley charter school was sentenced to 3.75 years in prison on Monday, after pleading guilty to engaging in a $2.5 million enrollment-inflation scheme.
Harold Cadiz, 56, expressed contrition and took responsibility for his actions before Maricopa County Superior Court Judge Jay Ryan Adleman, but Cadiz placed much of the blame on two co-defendants who also face prison sentences in the fraud case.
“I’m tremendously sorry,” Cadiz said. “The state is so short-funded for kids, and for this to happen is appalling CONTINUE READING: Arizona: Charter Leader Sentenced to 3+ Years in Prison for Misappropriation of $2.5 Million | Diane Ravitch's blog
