Showing posts with label Carl Shye. Show all posts
Showing posts with label Carl Shye. Show all posts

Tuesday, June 10, 2014

By the numbers

Cui Bono (who profits)

Sad but true...

$84 million that the state auditor has uncovered.  Call me a skeptic but this is probably just a portion of the money that is missappropriated.  There are some clever folks (and some that are not) out there.  "Figures do not lie but liers figure."

Charter school treasurer Carl Shye, who worked with schools here and across the state, agreed to repay much of the $800,000 in findings against him when he pleaded guilty last year to embezzlement in federal court. Area charter school CEO William Peterson agreed to pay $275,000 of the $857,963 in findings against him when he pleaded guilty this month in Cuyahoga County court to unlawful interest in a public contract.

Officials with the Auditor of State’s office said they are working together to do better.

“Of course we want to see as much as can be collected recovered,” said Carrie Bartunek, spokeswoman for the state auditor’s office.

Among the findings issued in 2013:


Richard Allen Academy
Issued: Nov. 6 and Feb. 28
Finding amount: $2.2 million

The most recent audits of the chain of charter schools with locations in Dayton and Hamilton have brought the total amount of findings against the group to $2.2 million. The schools are challenging the findings in court, arguing the state auditor is misreading the school’s contract with its management company, which the audits say was over-paid.

General Chappie James Leadership Academy
Released: Aug. 29
Finding amount: $4,335

A finding for recovery was issued for $4,335 against school founder Kecia Williams and Tracy Jarvis for undocumented debit card purchases.

Cincinnati College and Preparatory Academy
Release date: June 18
Finding amount: $520,000

Professional football season tickets, trips to the theater, travel expenses and cocktails are just a few of the nearly $520,000 in items for which taxpayers picked up the tab, according to the special audit of the Cincinnati College Preparatory Academy (CCPA). The findings in this audit led to the indictments of former Superintendent Lisa Hamm and former Treasurer Stephanie Millard.

Cleveland Academy of Scholarship Technology and Leadership Enterprise
Release date: April 23
Finding amount: $1.3 million

Employees’ allegedly illegal relationships with vendors and shoddy bookkeeping led to more than $1.3 million in findings for recovery issued in the special audit of the Cleveland Academy of Scholarship, Technology, and Leadership Enterprise (CASTLE). The school was managed by William Peterson of Dayton, who pleaded guilty last week to having in unlawful interest in a public contract.

By the numbers


  • Total amount of findings issued since 2001: $84,568,474
  • Amount uncollected: $70,669,366
  • Amount uncollectible but to statute of limitations: $32,059,920
  • Amount ‘virtually uncollectible’ owed by charter schools: $24,733,164.51
  • Amount actively being collected by Ohio Attorney General: $10,380,740.02



Source: Ohio Auditor of State, Ohio Attorney General