General World News

The former head of a St. Louis Charter school was sentenced for his role in a $2.4 million education fraud scheme

school closed

Summary List Placement

The former head of a St. Louis charter school was sentenced to 12 months and one day in prison for his role in a $2.4 million fraud education fraud scheme, according to the Department of Justice.

Michael Malone, 42, pleaded guilty in August in the Eastern District of Missouri to three counts of wire fraud in a scheme to defraud and obtain education funds from the state of Missouri for the St. Louis College Prep Charter School.

Malone was the founder of the college preparatory school and served as its executive director from the school’s first details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com