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On the second day of the co-founders' preliminary hearing, a former deputy superintendent for finance said Epic was left holding the bag for $14 million in transferred Student Learning Funds.
Hearings began Monday for the founders of Epic Charter Schools, who were accused of defrauding Oklahoma taxpayers out of millions
“Al Capone doesn’t go to McAfee & Taft and Crowe & Dunlevy (to draw up contracts),” defense attorney Joe White said of racketeering allegations against Epic's co-founders and CFO. #oklaed
The Oklahoma Attorney General's Office claims the two co-founders charged with money laundering and embezzling state funds are still in possession of student funds.
With a massive racketeering and embezzlement case pending, no explanation was offered for why law enforcement didn't seek to secure the $5.5 million in student learning funds sooner. #oklaed