Judge Sentences Ohio Ex-Charter Treasurer to 2 Years

Thursday, November 1, 2012

A former treasurer to more than a dozen Ohio charter schools was sentenced Wednesday to two years in federal prison for embezzling more than $470,000 in federal education funds from four schools over six years.

Carl W. Shye Jr., 57, of New Albany, tearfully apologized and others presented a string of favorable testimonials, including from former associates of the schools.

U.S. District Court Judge Gregory Frost said his sentence was designed to send a strong message to others contemplating stealing money from public schools and their students, while recognizing the good Shye has done in other areas of his life.

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