}

Friday, April 1, 2016

IT'S APRIL 1st...WHO'S THE FOOL?

Wikipedia defines investigative journalism is a form of journalism in which reporters deeply investigate a single topic of interest, such as serious crimes, political corruption, or corporate wrongdoing. An investigative journalist may spend months or years researching and preparing a report.

I'm compelled to define it because it's so rare today. A long-term investigation is required to show an emerging pattern of systemic problems, not just one isolated incident affecting one individual.

Digging into a sensitive subject, especially one that key people would rather keep secret, doesn't earn you many friends.

In fact, you might be threatened, harassed, or ignored. 

I'm reminded of the story of how Harry Markopolos, a little-known number cruncher from a Boston equity derivatives firm, and his investigative team uncovered Bernie Madoff's scam years before it made headlines, and how they desperately tried to warn the government, the industry, and the financial press. 

Markopolos was unheeded for seven years, while Madoff scammed hundreds of millions from his unwitting victims.

On Monday, I revealed exclusively on this blog that the Grand Traverse Academy's management company head, Mark Noss, made monthly $12,500 payments to disgraced former charter school manager Steven Ingersoll.

It's likely that after next week's sentencing hearing, we may learn that's just the tip of the money iceberg.

So, will Noss keep his management deal? 

And will the Grand Traverse Academy allow Noss and his MDN Development, LLC to proceed with its deal to construct a building on the Traverse City charter school's grounds  — and lease it back to the school at $30,000 per month?

Who knows?

It's April 1st, but I'm not a fool.

And next week, I will be debuting a new, even more shocking, exposé.

Stay tuned. As Lake Superior State University's Charter Office head, Chris Oshelski said, it is going to get interesting.


3 comments:

  1. You go girl! Exactly, what investigating reporting is! Too much of the news is a quick story, sensationalism at its best. They slip in a solution that satisfies everyone and on to the next. No one really wants to do the hard work but you have. You put fact in everything you have written about. The evidence isn't fictional it is from documents and court records. Some people seek truth! Thank you!

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  2. Your many readers salute you Miss Fortune for your diligence in investigating this fraud and its related fraudulent activities. You have been doing and continue to do the hard research, and you are definitely no fool (ever!). We're so glad you have not given up! May you be rewarded for all your efforts.

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  3. I am glad you are posting about all this fraud. It has been hidden for way to long. Wish the Authorities would close up the charter schools - and return the funds to helping students.

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