EduShyster invites tips, and she got a big one.
An official at one charter school made a usurious loan to another charter school.
When stuff like this happens, it reminds you that charter schools are not public schools.
Public schools are regulated and supervised.
They could never get away with stuff like this.

Charter schools are all about stealing money and profit. Education for most is the last thing on the minds of those who finance them. Hedge funds are quoted as saying “We learned there is a lot of money in education and We can double our money in 7 years instead of 12 years by using government money.” What more can I say?
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