Ohio charter schools founder admits to using school money to buy home

  • 📰 clevelanddotcom
  • ⏱ Reading Time:
  • 24 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Charter-Schools News

Fraud,Crime,Ohio

Abdirizak Farah, 59, pleaded guilty Monday to to conspiring to commit bank fraud.

COLUMBUS, Ohio — The founder of two Columbus charter schools and former adviser for the U.S. Department of Homeland Security could be sentenced to up to 30 years in prison after he admitted to using money from the schools to purchase a $900,000 home.

Prosecutors say court documents show that in August 2020, Farah used $265,000 from a Focus Learning bank account toward the purchase a $900,000 home in New Albany. Farah wired the money from the account to another person and claimed it was for “learning materials.” In the following days, several Focus Learning vendors made payments totaling approximately $265,000 to the person who assisted Farah and that money was returned to Focus Learning, prosecutors say.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 301. in EDUCATİON

Education Education Latest News, Education Education Headlines