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		<title>Ex-Treasurer Pleads Guilty To Embezzlement In Ohio</title>
		<link>http://wosu.org/2012/news/2012/06/21/charter-treasurer-accused-of-embezzling-470k-appears-in-court/</link>
		<comments>http://wosu.org/2012/news/2012/06/21/charter-treasurer-accused-of-embezzling-470k-appears-in-court/#comments</comments>
		<pubDate>Thu, 21 Jun 2012 11:57:59 +0000</pubDate>
		<dc:creator>Julie Carr Smyth</dc:creator>
				<category><![CDATA[Crime]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Newsletter Stories]]></category>
		<category><![CDATA[carl shye]]></category>
		<category><![CDATA[charter schools]]></category>
		<category><![CDATA[coulmbus]]></category>
		<category><![CDATA[dayton]]></category>
		<category><![CDATA[embezzlement]]></category>
		<category><![CDATA[federal court]]></category>
		<category><![CDATA[guilty plea]]></category>
		<category><![CDATA[Jr.]]></category>
		<category><![CDATA[youngstown]]></category>

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		<description><![CDATA[A former Ohio charter school treasurer has pleaded guilty to embezzling more than $470,000 in federal education funds from four schools over six years.]]></description>
				<content:encoded><![CDATA[<p>A former Ohio charter school treasurer has pleaded guilty to embezzling more than $470,000 in federal education funds from four schools over six years.</p>
<p>Carl W. Shye Jr., of New Albany in suburban Columbus, entered the plea Thursday in federal court. As part of a plea deal, Shye agreed to pay nearly $672, 000 in civil findings, forfeit his certified public accountants&#8217; license, and cooperate with the government&#8217;s ongoing investigation.</p>
<p>He had served as treasurer for more than a dozen charter schools in Columbus, Youngstown and Dayton. The sum cited in the government&#8217;s case against Shye was per-pupil federal funding distributed through the Ohio Department of Education to four schools that have since closed.</p>
<p>The 57-year-old faces up to 10 years in prison and $250,000 in fines.</p>
<p>&nbsp;</p>
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