Former charter schools founder sentenced to 5 years in prison for fraud
KOB.com Web Staff
October 12, 2018 10:42 PM
ALBUQUERQUE, N.M. – The founder of a group of Albuquerque charter schools is headed to prison.
In federal court on Friday, David Glasrud – the former administrator of Southwest Learning Centers – was sentenced to five years for theft, fraud and making false statements. Prosecutors say that, for nearly 15 years, Glasrud ran a series of schemes to defraud his organization of federal funds.
That included creating a bogus business to contract with the schools while providing zero services.
Glasrud has also been ordered to repay $3 million.
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KOB.com Web Staff
Updated: October 12, 2018 10:42 PM
Created: October 12, 2018 08:41 PM
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