THE FOUNDER AND FORMER ADMINISTRATOR OF A GROUP OF ALBUQUERQUE CHARTER SCHOOLS PLEADS GUILTY TO THEFT, FRAUD AND FALSE STATEMENT CHARGES. THE U.S. ATTORNEYS OFFICE SAYS 50 YEAR OLD DAVID SCOTT GLASRUD ADMITTED TO A 15 YEAR SCHEME TO DEFRAUD MILLIONS OF DOLLARS FROM THE SCHOOLS, KNOWN AS THE SOUTHWEST LEARNING CENTERS.
WHEN SENTENCED, GLASRUD COULD GET MORE THAN FIVE YEARS IN FEDERAL PRISON. HE’LL ALSO BE REQUIRED TO PAY RESTITUTION.
