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Friday, October 23, 2015

ORDERED BY LAKE SUPERIOR STATE UNIVERSITY TO "MAKE EVERY EFFORT TO RECOVER FUNDS" FROM STEVEN INGERSOLL, GRAND TRAVERSE ACADEMY BOARD PRESIDENT BRAD HABERMEHL AND FULL SPECTRUM HEAD MARK NOSS INSTEAD LET HIM OFF THE HOOK: Associates...Or Accomplices?

According to an affidavit by Nick Oshelski, the former head of Lake Superior State University's charter school office, it appears that Ingersoll cronies current board president Brad Habermehl and former board president Mark Noss defied Oshelski and instead forgave Ingersoll's massive, multi-million dollar debt to the Grand Traverse Academy.

Under Michigan law, charter school board members are supposed to oversee the finances of their school, maintain independence from their management company and make information available to the public.

In addition, as sworn public officials, charter school board members have a fiduciary responsibility for the assets, finances and investments of the school. Legally required to act in the best interest of another party (taxpayers, in the case of public school academies), board members must determine whether public tax dollars are spent in a good and sensible way.


While there are few precedents for establishing the limits of a board’s liability when organizational funds have been embezzled, it is generally clear that if board members have acted within their fiduciary capacity and have not been grossly negligent in their oversight of the organization’s funds, they cannot be held liable for the stolen funds.

In my opinion, "grossly negligent" is an understatement in this case.

So where's the federal investigation?
 



1 comment:

  1. Noss, Habermehl, Mentley, Lynch, every Bradley, the board members and many more are all in on it! Give me a break! These are educated individuals that are running a scam not only on the government and taxpayers but on our children too. Get these money hungry thieves out of the education business. All of these people are Ingersoll supporters because they are profiting monitarily. Please stop them!

    In court these individuals are all playing the stupid innocent card, ghee I didn't understand this man was taking money. Come on you are just as smart as that fifth grader and even they would have understood the man was stealing. And board members you have a duty to that organization and it doesn't look like you were doing your job. But let us not forget, these board members are all handpicked by Ingersoll. That is just not right! Ok assistant procecuting attorney with the Feds, you better start asking the right questions and stop letting all these people off the hook. You talk about a charismatic individual, well yes we have seen masses of people take their own lives because someone talked them into it. But they all died, these people are alive and prospering nicely, thanks to his scam and you are letting them go under the guise that they were under his spell. Snap out of it, there are thousands of people that want justice served but are holding back because they are afraid for their lives.

    No one is reporting on what is happening in the courtroom right now. Has anyone thought about that? Where is Mlive, or the Bay City Times, or the Traverse City Record Eagle or any other news enterprise? I wanna know why you are hiding this huge news event that has do to with businesses running schools. Remember they are called "for profit" schools, and they get the same amount per student from the government as any regular public school. The problem here is the businesses running the schools and their accountability. This Ingersoll guy has obviously been moving money around into different accounts, been asked to pay it back and no one is doing anything. Is this how our tax dollars work? Is no one going to stand up for what is right and justice be served? Is everyone afraid of the big money people that want to take over education? Is this why no one is reporting on this? If you let all these people have no responsibility for their actions this will keep happening, there is no end if you don't stop it right here, right now!

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