California Charter Leader Leaves with $215,000 Settlement After Credit Card Scandal

Diane Ravitch's blog

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.

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