WBAL News Radio Associated Press Wednesday, August 24 2016
PITTSBURGH (AP) -- The founder and former CEO of an online public school that educates thousands of Pennsylvania students pleaded guilty Wednesday to federal tax fraud, acknowledging he siphoned more than $8 million from The Pennsylvania Cyber Charter School through for-profit and nonprofit companies he controlled. In entering his plea, Nicholas Trombetta, 61, who headed the school, acknowledged using the money to buy, among other things, a Bonita Springs, Florida, condominium for $933,000, pay $180,000 for houses for his mother and girlfriend in Ohio, and spend $990,000 more on groceries and other items. He manipulated companies he created and controlled to draw the money from the school, also spending it on a $300,000 plane, Assistant U.S. Attorney Stephen Kaufman said. Trombetta was making $127,000 to $144,000 annually at PA Cyber when he ran the illegal tax evasion scheme from 2006 to 2012. He faces up to five years in prison when he's sentenced Dec. 20. By running the money through the companies or their straw owners, Trombetta avoided income taxes, though prosecutors haven't said how much. Most of the siphoned money was squirreled away in Avanti Management Group, which functioned as Trombetta's retirement savings account, Kaufman said.
Trombetta Guilty Plea Sparks Cyber School Funding Questions
The Gov. Tom Wolf administration announced the Division of Charter Schools within the state Department of Education on Wednesday. Its four staffers will be tasked with providing additional support and supervision of Pennsylvania's more than 150 charter schools statewide.
Bresch, who is the daughter of U.S. Senator Joe Manchin (D-W.Va), eventually became Mylan’s CEO, and subsequently raised her own salary by 671 percent. And in 2014, Bresch reincorporated Mylan in the Netherlands, utilizing a controversial accounting tactic known as “inversion,” lowering the company’s effective tax rate while still maintaining its headquarters and manufacturing base in the US.”
2016 National Anthem Sing-A-Long - September 9th
American Public Education Foundation Website
The Star-Spangled Banner will be sung by school children nationwide on Friday, September 9, 2016 at 10:00am PST and 1:00pm EST. Students will learn about the words and meaning of the flag and sing the first stanza. This will be the third annual simultaneous sing-a-long event created by the APEF-9/12 Generation Project. The project aims to bring students together – as the world came together – on September 12, 2001.
The Early Bird Discount Deadline has been Extended to Wednesday, August 31, 2016!
PA Principals Association website Tuesday, August 2, 2016 10:43 AM
To receive the Early Bird Discount, you must be registered by August 31, 2016:
Members: $300 Non-Members: $400
Featuring Three National Keynote Speakers: Eric Sheninger, Jill Jackson & Salome Thomas-EL