Wednesday, May 15, 2013

6 Charged With Allegedly Embezzling $15 Million From The San Francisco School District

From the Huffington Post on 5.14.13:

Six current and former San Francisco school district employees were charged Tuesday with embezzling about $15 million in grant money from the district, officials said.

The suspects face multiple felony grand theft and embezzlement counts for diverting federal and state grant money into hidden slush fund accounts through several nonprofits over a 10-year period, district attorney George Gascon and San Francisco Unified Schools Superintendent Richard Carranza announced at a news conference.

A three-year investigation found the six suspects, including a former associate superintendent and two former senior executives, used about $250,000 for personal expenses and another $500,000 for unauthorized salaries and bonuses, officials said.

About $6.7 million of the grant money went toward educational purposes, but not for what was specifically intended, Gascon said. One of the nonprofits involved even risked $250,000 in the stock market and lost, he said.

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Those facing charges include former associate superintendent Trish Bascom; former senior executive directors Linda Sue Lovelace and Meyla Ruwin; former principal administrative analyst Lilian Capuli; former assistant principal Mychel Navales and Betty Wong, a typist.

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