- A former White House official was charged with using $218,000 from a New York charter school network that he founded and stealing the money to get a lower interest on a mortgage for an apartment in Manhattan.
Seth Andrew, who served as a senior adviser in the Office of Educational Technology during the second term of the former President Barack Obama's administration, stole the cash from the charter network's escrow accounts in 2019 and deposited it in bank accounts that he controlled, federal prosecutors said on April 26.He was then able to get a lower rate on an mortgage for an apartment that he and his spouse bought that year for $2.37 million, they said.
Andrew, 42, ended his relationship with Charter Network two years earlier.
Locking into the lowest interest rate when applying for a home buyer is certainly the objective of any home buyer, said William F. Sweeney Jr. Assistant Director of the FBI New York Bureau in a statement.But not when you steal money from your former employer.
Audrey Strauss was arrested on Tuesday on charges of wire fraud, money laundering and making false statements to a financial institution, Manhattan U.S. Attorney Andrew said in a statement.His attorney, Michael Yaeger, told him that he would not plead guilty.He was rescued by a judge on a $500,000 bond.
Prosecutors didn't identify the charter network, but Harlem-based Democracy PrepDemocracy Prep Public Schools said it alerted law enforcement.AndrewAndrew White was starting Democracy Prep in 2005 before becoming a president in 2013.
Natasha Trivers' alleged actions are a profound betrayal of all that we stand for and to you and your children, scholars and families that we serve, said Democracy Prep CEO Andrew in a note to parents.To be clear, at no time did the alleged crimes pose any risk to our students, staff or operations in any way.
Andrew, a New YorkNew York City native, led American civic and educational technology in the White House according to a biography posted on the website of WashingtonWashington Leadership Academy, a Washington high school that he co-founded in 2013.
He began his career as a special education and bilingual teacher in South Korea and Massachusetts, has degrees from Brown University and Harvard University and is married to his college sweetheart, CBS News anchor Lana Zak, according to the biography.
If convicted, Andrew faces up to 30 years in jail for false statements and 20 years in federal prison on all other charges, although he'll likely have a much shorter term.
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