News

PA charter founder pleads not guilty

Written by The Associated Press | Aug 28, 2013 1:47 PM
school library

(Pittsburgh) -- The founder and former CEO of a cyber-charter school that educates more than 11,000 Pennsylvania students has pleaded not guilty to federal charges that he siphoned more than $8 million from the school through a network of profit and nonprofit companies he also controlled.

Fifty-eight-year-old Nicholas Trombetta entered the plea today at his arraignment before a federal magistrate in Pittsburgh.

His accountant, Neal Prence, also 58, pleaded not guilty to allegedly helping Trombetta shield the stolen money from federal taxes. 

Trombetta, founder of the Pennsylvania Cyber Charter School, allegedly bought a $1 million Florida condominium, houses for his girlfriend and mother, and spent nearly $1 million on living expenses since 2006. Federal prosecutors say he tucked away most of the rest of the money in a shell company for his retirement.

Published in News

Tagged under , , , ,

back to top

Post a comment

Comments: 1

  • edstem09 img 2013-08-29 04:10

    There must be something in Beaver County's water. Former state Rep Mike Veon (D) was their representative Veon is in State PRISON for CORRUPTION. He stole millions from taxpayers through sham development agencies he funnelled state $$$ to from his leadership position. Hmmm....

Support for witf is provided by:

Become a witf sponsor today »

witf's Public Insight Network

National Edward R. Murrow Awards

DuPont Columbia Awards

Support Local Journalism

Latest News from NPR

Support for witf is provided by:

Become a witf sponsor today »