New Indictments Related To Newpoint Charter School
July 13, 2017
An Escambia County grand jury has indicted Newpoint Education Partners, LLC; School Warehouse, Inc.; and Red Ignition, Inc., the same business entities previously charged in 2016, with additional, similar crimes allegedly committed in Escambia County and other Florida counties.
The indictments charge Newpoint Education Partners, LLC (“Newpoint”), which formerly managed charter schools in Escambia, Bay, Broward, Duval, Hillsborough, Pinellas vounties; and School Warehouse and Red Ignition, which were vendors used by Newpoint, with thefts of hundreds of thousands of dollars of public funds in connection with fraudulently billing charter schools for computers, furniture, equipment, and curriculum services and then laundering the proceeds of the thefts through multiple bank accounts to conceal the alleged crimes.
The latest indictments follow the announcement by the State Attorney that the dtate brought racketeering and organized fraud charges against Marcus May, the principal owner of Newpoint, and Steven Kunkemoeller, the principal owner of School Warehouse and Red Ignition, for the same alleged crimes.
The indictments resulted from a joint investigation by the Office of State Attorney and the School District of Escambia County.
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2 Responses to “New Indictments Related To Newpoint Charter School”
@JJ—The good thing is that they did get caught. The degree of punishment remains to be seen. I don’t think you can claim however, that all charter schools are bad.
This is what charter schools get you. They are paid for, by you and me. They are private for profit businesses and friends of Rick Scott. They are stealing from tax payers, all over America.