A personal fiefdom that ended badly.

Five years probation, repayment of $75,000 and four months in lockdown.  Fair? Probably.  The loss of her license will keep her out this business.  The treasurer has also apparently pled guilty.

Another hand picked school board,not doing their job.

"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men."

Hamm founded the school in 1999 and worked to get $7 million in state and federal money per year for the charter school. Charter schools are independently operated public schools that can receive state and federal public money to operate.

Much of that money was used to educate the students, but hundreds of thousands of it was spent by Hamm taking 22 taxpayer-funded trips and attending concerts, often with her friends and co-workers, also paid for with tax dollars. Hamm "treated the CCPA treasury as a personal slush fund in order to enhance her personal lifestyle," Assistant Prosecutor Bill Anderson said.

While her intentions initially may have been benevolent, Anderson said, Hamm created the school and made sure everyone knew she was going to run it as she wanted. "Miss Hamm came down with a case of 'founder-itis,' " Anderson said. 

"Miss Hamm ruled CCPA with an iron fist," he said. "She founded the school. She ran the school, and she was going to do whatever the hell she wanted with this money."

Another hand picked board,not doing their job.  A comment from the board.  Too little, too late.

"Gore admitted the CCPA board wasn't as diligent as it should have been in monitoring Hamm's spending. "The school has lost in excess of half a million dollars," he said."

In exchange for Hamm's plea, prosecutors dropped 23 other charges against her. She will report Jan. 7 to West to begin serving her 120-day time behind bars.

Stephanie Millard also has agreed to plead guilty in the case, court documents note.

http://www.cincinnati.com/story/news/2014/11/24/lisa-hamm-convicted-charter-school-crimes/19483309/