School fuds mishandled

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The principal of a Canoga Park charter school mishandled $2.7 million in public funds, including the transfer of about $1.1 million into a personal account he used to speculate on financial markets, according to an audit released Monday. Connie Llanos in the Daily News.

The 305-page audit by Los Angeles Unified's Office of Inspector General alleges that Edward Fiszer falsified bank statements and forged cashier's checks to transfer public funds out of NEW Academy Canoga Park Elementary School over two years.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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This page contains a single entry by Rick Orlov published on August 31, 2010 7:48 AM.

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