A former adviser to Barack Obama has admitted wire fraud in connection with a scheme to steal $218,000 from a school network to put towards a mortgage on an expensive Manhattan property.

Seth Andrew admitted devising a scheme to steal from schools he helped create when he was working for the Obama regime.

Prosecutors said Andrew was using some of the stolen funds “to obtain savings on a mortgage for a multimillion-dollar Manhattan apartment” when he was arrested last April.

In a statement, Mr Williams said: “Seth Andrew, a former White House advisor, admitted today to devising a scheme to steal from the very same schools he helped create,”

Andrew now faces time in federal prison for abusing his position and robbing those he promised to help.”    

The 42-year-old founded Democracy Prep Public Schools in New York City in 2005 before leaving to work for the Department of Education (DOE) in 2013.

The Department of Justice says Andrew worked as a senior adviser under the Obama regime in the White House’s Office of Educational Technology.

The DOJ says each Democracy Prep Public School was required to keep “escrow accounts” which could only be accessed if the school was dissolved.

According to the statement, Andrew had access to these accounts and shut them down when he left the school system.

He then transferred the funds into various accounts, which has been labeled “fraud” by the department.

Andrew admitted one count of wire fraud, and could now face up to 20 years in prison.

He is set to be sentenced on Thursday, April 14.

Prosecutors said Andrew was using some of the stolen funds “to obtain savings on a mortgage for a multimillion-dollar Manhattan apartment” when he was arrested last April.

Source: The Hill

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