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A former White House adviser to former President Obama has been arrested for stealing money from a charter school network he started.
According to The Washington Free Beacon:
An adviser to former president Barack Obama was arrested on Tuesday for allegedly stealing hundreds of thousands of dollars from a New York City public charter school system he founded.
Seth Andrew, former senior adviser to the White House in the Office of Educational Technology, is charged with wire fraud, money laundering, and lying to a bank, according to the Justice Department. Andrew allegedly embezzled $218,005 from the Democracy Prep charter school network, which he founded in 2005.
Authorities say Andrew used the illegally obtained funds to finance his home mortgage. In August 2019, Andrew purchased a $2,368,000 residence with his wife, CBS News Anchor Lana Zak. Andrew is scheduled to appear in a Manhattan federal court in May.
In 2019, Andrew allegedly withdrew funds from escrow accounts he and other school officials had opened between 2009 and 2013. The funds in those accounts were set aside in case the school dissolved and were not meant to be touched by school officials. At the time he withdrew the funds, Andrew had already cut ties with Democracy Prep.
Democracy Prep continues to operate and has stated that Andrew has not been a part of the organization since 2013.