A former top White House adviser to Barack Obama, Seth Andrew was recently arrested on allegations of stealing $218,005 from a charter school network he formed.
According to CNBC, Andrew has been charged with wire fraud, money laundering, and making false representations to a financial institution by the United States Attorney’s Office for the Southern District of New York. Andrew, who is appearing in court later today, was a founding member of Democracy Prep Public Schools, which operated schools in Harlem and Camden, New Jersey.
The U.S. Attorney Audrey Strauss said in a statement, “As alleged, Seth Andrew abused his position as a founder of a charter school network to steal from the very same schools he helped create, Andrew is not only alleged to have stolen the schools’ money but also to have used the stolen funds to obtain a savings on a mortgage for a multimillion-dollar Manhattan apartment.”
Andrew formerly served as an advisor in the Obama White House’s Office of Educational Technology, based on the New York Post reports, after taking a post at the start of Obama’s second term in 2013. He is married to Lana Zak, a CBS News anchor who is not indicted in this case.
Prosecutors believe that Andrew robbed a number of escrow accounts he had previously set up for specific schools within the Democracy Prep network of schools in 2019, more than two years after severed ties with the institution. He allegedly used the funds to open a bank account in the name of one of the schools. A surveillance photo from the bank was released by the Prosecutors, claiming that Andrew closed an escrow account for one of the schools there in October 2019. He’s wearing a yellow hat in the photo, which an FBI agent noted in the complaint.
“Is essentially Andrew’s ‘calling card,’” as it signifies a connection to Democracy Prep “and his leadership of it.”
Andrew was the CEO of Democracy Builders at the time of his arrest, which describes itself as a “social sector studio that has launched more than $1 billion in enterprises that are changing the face of education, democracy, and technology around the world.”
Isn’t it strange that the mainstream media isn’t covering this?
Please, give me a break…
If he were a Trump adviser, it would be all over the news 24 hours a day, seven days a week for a week or two, but because it’s Obama, we only hear crickets.
Sources: waynedupree.com, cnbc.com, nypost.com, bostonglobe.com.
He obviously was schooled by Obama and the Clintons but he didn’t learn his lessons very well or he would have stolen enough to buy the penthouse outright, no mortgage. Also, the charges will be dropped on a technicality and not be brought again. The technicality being – he is a Democrat!!
Nothing new.Democrats do steal from charities so he is not alone in crime spree
This is why Democrats always do it for the Children?