Inside the Charter School Empire Prosecutors Say Scammed California for $80M
Share
[aggregation-styles]
Voice of San Diego
Voice of San Diego
Sean McManus and Jason Schrock created an online charter school empire that covered more than half the state of California, according to prosecutors and investigators for an outside charter school organization.
From the port of entry at San Ysidro up to Los Angeles, past the cliffs of Big Sur all the way to Santa Cruz; east through Raisin City, past the giant sequoias of Sierra National Forest, and down into the flat and quiet of Death Valley; south again to the Mexican border; and back to the coast – a person could travel unbroken through 20 counties that made up the lower half of their empire. An outpost of 14 counties encompassing Sonoma and Sacramento sits further north.
From this vast swath of territory, McManus and Schrock absorbed mind-blowing profits. Take just some of their 2016 tax returns: Their nonprofit charter management company A3 brought in $14.2 million in revenue. It spent only $3.6 million. Of the money it spent, $855,796 went to McManus and Schrock’s salaries. They appeared to be the only two employees, according to the tax return.
From the port of entry at San Ysidro up to Los Angeles, past the cliffs of Big Sur all the way to Santa Cruz; east through Raisin City, past the giant sequoias of Sierra National Forest, and down into the flat and quiet of Death Valley; south again to the Mexican border; and back to the coast – a person could travel unbroken through 20 counties that made up the lower half of their empire. An outpost of 14 counties encompassing Sonoma and Sacramento sits further north.
From this vast swath of territory, McManus and Schrock absorbed mind-blowing profits. Take just some of their 2016 tax returns: Their nonprofit charter management company A3 brought in $14.2 million in revenue. It spent only $3.6 million. Of the money it spent, $855,796 went to McManus and Schrock’s salaries. They appeared to be the only two employees, according to the tax return.
By Will Huntsberry | 12 June 2019
RELATED TOPICS:
Fresno Crash Sends Pickup Into Tree, Dark Tint Cited as Cause
Local /
3 hours ago
Macklin Celebrini, NHL’s Youngest Player, Scores on Marc-Andre Fleury, League’s Oldest
Sports /
4 hours ago
Ramsey, Beckham Return to SoFi Stadium When the Struggling Dolphins Visit the Streaking Rams
LA Rams /
4 hours ago
FBI Thwarts Iranian Murder-for-Hire Plan Targeting Donald Trump
News /
5 hours ago
Israeli Soccer Fans Were Attacked in Amsterdam. The Violence Was Condemned as Antisemitic
World /
5 hours ago
USDA Bans School Lunch Fees for Low-Income Families
Politics /
5 hours ago
4B Movement: After the Election, a Call for Women to Swear Off Men
Following the results of Tuesday’s election, Jada Mevs, a 25-year-old living in Washington, D.C., is encouraging women to take action by sig...
News /
33 mins ago
Categories
Latest
Videos
News /
33 mins ago
4B Movement: After the Election, a Call for Women to Swear Off Men
Politics /
2 hours ago
Will Terance Frazier’s Nonprofit Exit Granite Park or Fight?
Local /
3 hours ago
Fresno Crash Sends Pickup Into Tree, Dark Tint Cited as Cause
Sports /
4 hours ago
Macklin Celebrini, NHL’s Youngest Player, Scores on Marc-Andre Fleury, League’s Oldest
LA Rams /
4 hours ago
Ramsey, Beckham Return to SoFi Stadium When the Struggling Dolphins Visit the Streaking Rams
Video /
2 days ago