Seth Andrew, a former top White House adviser to President Barack Obama, was recently arrested on allegations of stealing $218,005 from a charter school network he formed.
According to CNBC, Andrew has been charged with wire fraud, money laundering, and making false representations to a financial institution by the United States Attorney’s Office for the Southern District of New York. Andrew, who is appearing in court later today, was a founding member of Democracy Prep Public Schools, which operated schools in Harlem and Camden, New Jersey.
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“As claimed, Seth Andrew took advantage of his position as the founder of a charter school network to steal from the very schools he helped establish,” said U.S. Attorney Audrey Strauss in a statement. “Andrew is accused of not only stealing money from the schools, but also of using the stolen monies to secure a mortgage for a multimillion-dollar Manhattan apartment.”
Andrew formerly served as an advisor in the Obama White House’s Office of Educational Technology, according to the New York Post, after taking a post at the start of Obama’s second term in 2013. He is married to Lana Zak, a CBS News anchor who is not indicted in this case.
Prosecutors believe that Andrew robbed a number of escrow accounts he had previously set up for specific schools within the Democracy Prep network of schools in 2019, more than two years after severing relations with the institution. He allegedly subsequently used the funds to open a bank account in the name of one of the schools.
Prosecutors revealed a surveillance photo from the bank, alleging that Andrew closed an escrow account for one of the schools there in October 2019. He’s wearing a yellow hat in the photo, which an FBI agent wrote in the complaint “is effectively Andrew’s ‘calling card,'” as it represents a connection to Democracy Prep “and his leadership of it”
Andrew was the CEO of Democracy Builders at the time of his arrest, which describes itself as a “social sector studio that has launched over $1 billion in firms that are transforming the face of education, democracy, and technology throughout the world.”
Isn’t it strange that the mainstream media isn’t covering this?
Please, give me a break…
If he were a Trump adviser, it would be all over the news 24 hours a day, seven days a week for a week or two, but because it’s Obama, we only hear crickets.