Former President Barack Obama’s administration may be under some trouble, while this newest one was not completed under the administration, it indicates that not everyone who worked with him was without flaws. Seth Andrew, 42, a former White House aide to former President Barack Obama, pleaded guilty to one federal count of wire fraud for diverting more than $200,000 from a charter school network he helped develop.
According to conservative brief, prosecutor’s said he tried to launder the payments in order to get a reduced interest rate on his Manhattan apartment mortgage.” Seth Andrew, a former White House assistant, disclosed today that he created a scheme to steal from the very schools he helped construct.” “Andrew now faces federal prison for abusing his position and plundering those he swore to serve,” said United States Attorney for the Southern District of New York Damian Williams in a news statement.
Seth Andrew departed School Network-1 in the spring of 2013 to work for the US Department of Education, eventually becoming a senior advisor in the White House Office of Educational Technology. Andrew departed the White House in November 2016, and his involvement with School Network-1 terminated in January 2017. School Network-1 charter schools in New York are obliged to keep a “escrow account,” which may only be created if the school closes. In 2009, 2011, and 2013, Andrew and other School Network-1 workers established three comparable escrow accounts at “Bank-1” for three School Network-1 schools in New York City. Andrew’s escrow accounts are Escrow Account-1, Escrow Account-2, and Escrow Account-3.
After ending his affiliation with School Network-1 and closing Escrow Accounts-1 and -2, Andrew visited a Bank-1 branch in New York City on March 28, 2019. Andrew was given a bank check for $71,881.23 made out to “[School Network-1] Charter School” (“Check-1) and another for $70,642.98 made out to “[School Network-1] Harlem Charter” (“Check-2) (“Check-2”). On the same day he closed Escrow Accounts-1 and 2 and opened a business bank account in the name of “[School Network-1] Charter School,” Andrew visited a Manhattan office of a second FDIC-insured bank (“Bank-2) (“Fraud Account1”). Andrew lied to a Bank-2 employee about his position as a “Key Executive with Control of” in order to open that account. The Founders of Charter Schools
This comes as Baltimore State’s Attorney Marilyn Mosby, whose reputation was boosted by Vice President Kamala Harris, faces federal allegations of lying and filing false mortgage applications in connection with two vacation homes in Florida. According to the indictment, Mosby falsified a federal CARES Act provision that authorized emergency disbursements of up to $100,000 from her retirement plan “in the event of a furlough, layoff, quarantine, decreased work hours, childcare shortage, or impairment on a person’s company caused by COVID.”
According to prosecutors, she paid $36,000 in May 2020 and $45,000 in December 2020 for vacation houses in Kissimmee and Long Boat Key, Florida. Despite having a gross income of more than $248,000, she got the monies. She is also charged with two counts of making false statements on mortgage applications when she applied for loans totaling more than $900,000 to buy the two Florida properties.
