Last week, the Center for Media and Democracy released a detailed (though not complete) list of financial scandals in the charter industry.

In Michigan, the CMD identified 25 “ghost” charters that received $1.7 million in planning grants from the state (taxpayer dollars at work), but never opened.

One of the “ghost schools” was to be a boarding school called Detroit College Preparatory Academy. After failing to open the school, its proponent was then hired as the head of Michigan’s State School Reform/Redesign
Office which is responsible for fixing “Priority Schools,”schools in
the bottom 5% in terms of academic performance. This is often done with a
state takeover, leading to an Emergency Manager. Sometimes, they get turned over to charter companies.

Being a reformer means there will always be a rightwing governor or think tank to hire you.