More charges filed over charter school fraud claims

Following the filing of racketeering and fraud charges against two Ohio men accused of siphoning public money from charter schools in six Florida counties, the charter school management company itself has been indicted on several charges.

Newpoint Education Partners, LLC (“Newpoint”), which formerly managed charter schools in Escambia, Bay, Broward, Duval, Hillsborough, Pinellas Counties; and School Warehouse and Red Ignition, which were vendors used by Newpoint, have been charged in Escambia County with thefts of hundreds of thousands of dollars of public funds in connection with fraudulently billing charter schools for computers, furniture, equipment, and curriculum services and then laundering the proceeds of the thefts through multiple bank accounts to conceal the alleged crimes.

Marcus May, owner of Newpoint, is facing fraud and racketeering charges as a result of an investigation into the misuse of millions of dollars in state grants given to his company to run charter schools.

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