The founder of a national charter school network who once served as a White House adviser under President Barack Obama pleaded guilty Friday to a charge alleging he stole over $200,000 from the network.
In 2005, Andrew was a founder of Democracy Prep when it started in New York City. After its methods helped raise test scores for economically challenged children in Harlem, it expanded across the United States.
In court papers, authorities said Andrew stole $218,000 from the schools he helped create and then used the money to obtain the best interest rate his bank offered on a mortgage for a $2 million Manhattan apartment he bought with his spouse. He said he told bank employees he had authorization to transfer the Democracy Prep funds when he did not.
He added: “Andrew now faces time in federal prison for abusing his position and robbing those he promised to help.”
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