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Seth Andrew, who served as an education advisor in the Obama White House, was arrested Tuesday morning on charges of scheming to steal $218,005 from a public charter school network that he founded, federal authorities said.Andrew, 42, was busted in New York City, where he and his wife, CBS News anchor Lana Zak, have a residence valued at more than $2 million. He is due to appear in court later in the day in Manhattan federal court in the case.The founder of Democracy Prep Public Schools is accused of using more than half of the allegedly stolen money from that network to maintain a bank account minimum that gave him a more favorable interest rate for a mortgage on his Manhattan residence.Prosecutors said Andrew in 2019 — more than two years after severing ties with Democracy Prep — looted a series of escrow accounts he had previously set up for individual schools within Democracy Prep’s network, and then used their funds to open a business account in the name of one of the schools at a bank.
Former Obama White House advisor Seth Andrew arrested, accused of stealing from charter school he foundedhttps://www.cnbc.com/2021/04/27/former-obama-white-house-advisor-seth-andrew-arrested-in-charter-school-theft.htmlIs it mean of me to wish that this former OhBummer! Mal-Administration functionary and his SeeBS anchor wife will soon be sleeping under a freeway overpass?