Fred W. Robinson, 71, a former chairman of the board of shuttered charter school Paideia Academy, and former employee of the City of St. Louis' treasurer's office, has been convicted on federal fraud charges, the U.S. Attorney's Office says.
According to the U.S. Attorney's Office, Fred W. Robinson, 69, of St. Louis, and chairman of the board of trustees for Paideia Academy, a now-shuttered charter school in St. Louis, has been indicted multiple fraud charges.
Questions are being raised after St. Louis' Paideia Academy closed and kept nearly a half-million dollars in leftover money.
Missouri education officials say state regulators didn't have the authority to take back unspent money. The St. Louis Post-Dispatch reported that a federal investigation is under way, and that the state auditor's office has also asked questions.