Former charter schools founder sentenced to 5 years in prison for fraud | KOB 4
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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.

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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

Copyright 2018 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved

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