Business & Finance
Three former administrators at Tennessee charter school accused of stealing nearly $400,000 in school funds
Three former administrators at a Memphis, Tenn., charter school have been charged with stealing nearly $400,000 in school funds.
WREG-TV reports that Corey Johnson, Robert Williams, and Michael Jones, who all held leadership positions at the Memphis Academy of Health Sciences, are accused of misappropriating school funds between 2015 and 2021.
A Shelby County Grand Jury has indicted Johnson on one count of theft over $250,000 and one count of theft over $10,000; Williams on one count of theft over $250,000; and Jones on one count of theft over $10,000 and one count of theft over $2,500.
- Johnson, the school's former executive director, allegedly stole at least $338,000 from the school by using school debit cards, checks, wire transfers, and cash withdrawals, the Tennessee Comptroller’s Office said. The money was used for Las Vegas trips, basketball tickets, a hot tub for his home, and other personal items.
- Jones, who served as the Nutritional Services Director allegedly stole at least $25,000 from the school. This included $21,000 for unauthorized food purchases for himself. He also used school funds to pay $3,500 for auto repairs.
- Williams served as the finance director and received a little over $35,000 in duplicate salary payments and excessive stipends.