As noted on this blog, the leader of the El Camino Real Charter High School in Los Angeles used the school’s credit card to charge exorbitant personal expenses while moonlighting as a scout for a professional basketball team. First class air tickets, luxury hotels, fabulous meals.
He repaid $6,000, which must have been a fraction of what he spent. And he agreed to resign, reluctantly. He leaves with a payout of $215,000 (apparently a one-year salary minus $6,000). Not exactly a golden parachute but surprising because he might well have been prosecuted for misappropriating school funds.