At the same time that Betsy DeVos is shoveling millions more dollars for charter schooos, states are unable to keep track of frauds and misappropriation of funds by charter owners.
The state auditor in New Mexico warned then-State Commissioner Hanna Skandera, but she didn’t listen. Like her mentor Jeb Bush, she believes in non-regulation of charter schools.
For six years, La Promesa Early Learning Center’s former assistant business manager allegedly diverted nearly half a million dollars from the school into her personal bank account and deposited about $177,000 worth of questionable checks.
Like all state charter schools, La Promesa was audited annually by an independent firm – a process organized by the New Mexico Public Education Department.
But the alleged fraud and embezzlement were not detected until a vendor called the Office of the State Auditor’s confidential hotline in April to report a suspicious tax form.
So how did years of alleged financial misconduct get past the audits?
State Auditor Tim Keller told the Journal that the problems at La Promesa are part of a larger pattern.
“This isn’t just about one instance, the state needs to do a whole lot more supporting and overseeing of our education dollars to protect them from fraud, waste and abuse,” Keller said in an emailed statement.
“Over the last several years, we’ve urged the Public Education Department to step up oversight and provide the training and support our schools need to succeed. Unfortunately, by the time the Department stepped in at La Promesa, nearly $700,000 was already gone.”

Thiefs!
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Sounds like our public school’s here in CT. All schools, all teachers, all administration and all parents need to be held accountable. All schools should have same aidits, sanctions and accountability, public, charter or magnet and ALL should only be give 4 years to make the grade or close.
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Sounds like things are working out exactly as planned…
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Imagine if no one ever caught them. How much more would these corporate charter crooks have siphoned off to their personal accounts? This one was caught thanks to an honest private citizen, a vendor, who became a whistleblower.
I wonder if he/she will end up having someone will mail them a bullet as a message, a warning.
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