Former Obama White House adviser arrested for allegedly stealing over $200,000 from charter schools he founded keyt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from keyt.com Daily Mail and Mail on Sunday newspapers.
Former Obama White House advisor, 42, is arrested for stealing $218,000 from the Democracy Prep charter school network that he founded and using it to buy a luxury Manhattan apartment
Seth Andrew, 42, the founder of Democracy Prep, was arrested in Manhattan on wire fraud, money laundering and false statement charges
Attorney Michael Yaeger said Andrew, 42, will plead not guilty to the charges
Andrew is accused of stealing $218,000 from the schools he helped create
US Attorney Audrey Strauss said he then used money to obtain a better interest rate on a mortgage for a $2.3million Manhattan apartment
27 Apr 2021
Seth Andrew, a former advisor in the White House under President Barack Obama, has been arrested for a scheme to steal $218,005 from a charter school network he founded, according to federal authorities.
Andrew has been charged with wire fraud, money laundering, and giving false statements to a financial institution, according to the U.S. Attorney’s Office for the Southern District of New York, the party responsible for prosecuting the case.
Andrew, who helped create Democracy Prep Public Schools, is set to appear in Manhattan federal court Tuesday. Democrat Prep operated schools in Harlem in New York City, and in Camden, New Jersey.
NEW YORK - The founder of a national charter school network who once served as a White House adviser under President Barack Obama was arrested Tuesday on charges alleging he stole over $200,000 from the network and used it to get a better interest rate on a multimillion-dollar apartment.