WASHINGTON, April 15 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
CHICAGO - A federal grand jury in Chicago today indicted the former Chief Executive Officer of a Chicago charter school network for allegedly misappropriating more than $103,000 in funds intended to support the non-profit's educational work.
TIMOTHY KING served as CEO of Urban Prep Academies, a not-for-profit corporation that operated three charter schools in Chicago.Urban Prep received educational and organizationalfunds from Chicago Public Schools that were originally derived from the federal government.
An indictment returned today in U.S. District Court in Chicago alleges that in 2021 and 20...