A former White House advisor to the ex-President Barack Obama Seth Andrew was arrested this week on charges related to him ostensibly stealing $218,005 from a charter school network he founded. The U.S. According to CNBC.
On this record Attorney’s Office for the Southern District of New York stated Andrew has been charged with wire fraud, money laundering, and giving false statements to a financial institution. His participation Andrew, who is due to appear in court later today, helped create Democracy Prep Public Schools, which operated schools in Harlem in New York City, and Camden, New Jersey.
“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,” U.S. Attorney Audrey Strauss stated in a statement. “Andrew is not only alleged to have stolen the schools’ money but also to have used the stolen funds to obtain savings on a mortgage for a multimillion-dollar Manhattan apartment.”
According to The New York Post reported that at the start of Obama’s second term in 2013 Andrew earlier worked as an advisor in the Obama White House in the Office of Educational Technology after taking a job.
He married CBS News anchor Lana Zak, who has not been charged in this case. After that, He then allegedly used the money to open a business account in the name of one of the schools at a bank.
On October 2019 they say shows Andrew closing one of the schools’ escrow account their Prosecutors released a surveillance photo from the bank that. 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.” He can be seen in the image wearing a yellow hat.
Regards to him at the time of his arrest, Andrew was working as a CEO of Democracy Builders, which bills itself as a “social sector studio that has launched more than $1b in enterprises that are changing the face of education, democracy, and technology around the world.”