Former head of a St. Louis Charter school sentenced for his role in $2.4 million education fraud
The former head of a St. Louis charter school was sentenced to 12 months and one day in prison for his role in a $2.4 million fraud education fraud scheme, according to the Department of Justice.
Michael Malone, 42, pleaded guilty in August in the Eastern District of Missouri to three counts of wire fraud in a scheme to defraud and obtain education funds from the state of Missouri for the St. Louis College Prep Charter School.
Malone was the founder of the college preparatory school and served as its executive director from the school's first year, 2011, until his resignation in 2018.
As a charter school, St. Louis College Prep's funding was based on the school's average daily attendance, not total enrollment. According to court filings, Malone repeatedly lied about the school's average daily attendance to Missouri's Department of Elementary and Secondary Education to obtain more money.
https://www.msn.com/en-us/news/us/the-former-head-of-a-st-louis-charter-school-was-sentenced-for-his-role-in-a-dollar24-million-education-fraud-scheme/ar-BB1dv18m?li=BBnb7Kz