Investigative reporter Craig Harris, who writes for the Arizona Republic, once again has an updated report and another chapter in what responsible journalism can't call 'white-collar crime'.
Furthermore, who's gonna prosecute them - one of 'their own'????
As he documents with details this case of David Farnsworth, one of the scions of The Farnsworth Family Fortunes in a real estate empire named SUNLAND (and nearly everything attached to real estate in their ownership interests) who might not have clean hands building and operating charter schools but nonetheless manages to skirt and side-track legal issues over the sale of his for-profit education foundation to transform it into a 'non-profit' - the $56.9 million deal, from which he'll pocket $13.9 million. It won't be the state lawmaker's last payday from the schools he's owned for decades.
In addition, the new corporate board hired Farnsworth's brother, David, to be executive director. His salary was not disclosed.
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Here's a teaser for Craig Harris's investigative report:
"It's a pretty amazing success story."
It helps he's been in politics in the Arizona State Legislature (they write the laws) in both the House and The Senate.
This is the ASU Poly Tech location in Southeast Mesa close to the Phoenix-Mesa Gateway Airport Area
Furthermore, who's gonna prosecute them - one of 'their own'????
As he documents with details this case of David Farnsworth, one of the scions of The Farnsworth Family Fortunes in a real estate empire named SUNLAND (and nearly everything attached to real estate in their ownership interests) who might not have clean hands building and operating charter schools but nonetheless manages to skirt and side-track legal issues over the sale of his for-profit education foundation to transform it into a 'non-profit' - the $56.9 million deal, from which he'll pocket $13.9 million. It won't be the state lawmaker's last payday from the schools he's owned for decades.
In addition, the new corporate board hired Farnsworth's brother, David, to be executive director. His salary was not disclosed.
_________________________________________________________________________
Here's a teaser for Craig Harris's investigative report:
"It's a pretty amazing success story."
CLOSE
Charter schools have become more popular in recent years.
Reporter Craig Harris talks about investigating Arizona's charter schools. Arizona Republic
'Wow! When will it end?'
State schools Superintendent-elect Kathy Hoffman said she was stunned and appalled by how much money Farnsworth was making.
"Wow! When will it end?" she said. "We should not have anyone profiting millions of dollars from a system that has been so severely underfunded."
Farnsworth said Hoffman and other critics of his sale are hypocrites because private companies profit from school districts by building schools and providing other services
It helps he's been in politics in the Arizona State Legislature (they write the laws) in both the House and The Senate.
KJZZ-Nov 7, 2018
Republican Eddie Farnsworth made the move from the House to Senate with 59 ... Republican incumbent David Farnsworth won with 63 percent of the vote.
The State Press-Oct 28, 2018
David Farnsworth has described himself as an entrepreneur, having owned Farnsworth Auto Sales, Farnsworth Auto Recycling and Farnsworth Distributing.
Arizona Mirror-Oct 2, 2018
David Gowan, Republican: Largest PAC contribution comes from the LKQ ... David Farnsworth, Republican: Largest PAC contributions from the Pinnacle West ...
