Executives Take $15 Million From San Francisco Schools

by Gary Snyder

Six current and former San Francisco school district employees are facing charges that they embezzled some $15 million in grant money from the district. District Attorney George Gascon and Schools Superintendent Richard Carranza announced the felony grand theft and embezzlement charges. 

Prosecutors say the six diverted the federal and state grant money into hidden slush fund accounts through several nonprofits over a 10-year period. Among those facing charges are a former associate superintendent and two former senior executives. (source)

Gascon says about $4.7 million of the grant money has been recovered so far. The investigation is continuing.

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