Indiana and Oklahoma online charters caught stealing tax dollars
It should not be surprising that online charters steal tax funds for students not enrolled. This charter sector is unregulated and is typically not monitored effectively.
The Indiana experience with online charters seemed to
surprise Indiana officials despite stories from news publications going back several years. Two online charters stole $40 million.
Oklahoma officials have charged an online charter (EPIC) of inflating enrollment to steal $10 million.
ECOT may be at the top of the list of thieves in charterland. State officials have documented over $110 million that the ECOT Man stole. There were at least 10 years Ohio officials didn’t even check the ECOT enrollment data.
What I would like to know is what happens to the assets and the money when these scammers are found guilty. Is money returned to the government? Are the assets sold and the proceeds returned to the government? Of course I believe these people should be given stiff prison sentences with the “regular” crowd (no white collar, country club prison), but is there reimbursement of funds?
The charter industry wrote the law in Ohio. Anything purchased by the charter WITH PUBLIC FUNDS belongs to its owner, not the public.
Well, isn’t that sweet!!
Meanwhile back at the ranch in Ohio, we are being inundated with K-12 ads for the rebranded version of ECOT.
The entire corporate takeover of American public education is a scam. Will we ever come to our senses?
Williie Sutton was a piker, only robbed banks.
The real money is in the government largess.
So many willing to “rob” at this trough.
Perfectly legal THIS is the way to do it.
when government ‘largess’ hides government complicity