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L.A. Unified moves to close charter school over misuse of $2.7 million

Aug 31, 2010 3:00:00 AM - latimes.com
An audit finds that the founding principal at NEW Academy Canoga Park allegedly misused or misappropriated money, depositing funds into an Ameritrade account and claiming payments to a nonexistent company.

Los Angeles schools Supt. Ramon C. Cortines has moved to shut down a San Fernando Valley charter school over the alleged theft or misuse of as much as $2.7 million by the school's founding principal.

USA, California: (Latest Stories)