The largest virtual charter school in Ohio was the Electronic Classroom of Tomorrow (ECOT). Its for-profit owner William Lager collected over $1 billion in taxpayer dollars since it opened in 2000. He gave campaign contributions to state officials, and they looked the other way. They even spoke at his commencement ceremonies. When the state actually audited ECOT, it found inflated enrollments and went to court to collect money from Lager. ECOT lost its authorizer, and Lager declared bankruptcy.
Most of ECOT’s students have transferred to another online charter, the Ohio Virtual Academy, owned by Michael Milken’s for-profit K12 Inc.
Will voters hold state officials accountable for allowing these frauds to continue collecting money from them?