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Friday, April 13, 2012

Founder of Brooklyn Charter Schools Is Indicted on Fraud Charges - NYTimes.com

Founder of Brooklyn Charter Schools Is Indicted on Fraud Charges - NYTimes.com:


A Leader of Schools Is Indicted for Fraud

When state investigators demanded last year to see personal tax returns filed by Eddie Calderon-Melendez, the founder and chief executive of a troubled network of charter high schools in Brooklyn, he produced them. One problem, according to the investigators, was that those state tax returns were falsified and had never been filed.

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Then, when the investigators studied the books of one of the schools, Williamsburg Charter High School, they found that Mr. Calderon-Melendez had used a school credit card to pay for parts of a European vacation, including accommodations at a Paris hotel and some expenses in England, they said. On Thursday, a grand jury in Brooklyn indicted Mr.