FIRE LATEST: Thousands More Flee As Thomas Fire Flares Up Closures And Evacuations Live Blog | Listen Live | Full Coverage #CBSLAHelps: CBSLA teamed up with the American Red Cross to raise money for victims of the Southern California firestorms. Click Here to donate! You can also text CBSLAHELPS to 75759 to learn more. Celebrity Guests | Full Recap

SANTA ANA (CBSLA.com) — A Sherman Oaks man was charged Tuesday with stealing $750,000 from a charter school district in Orange County, the largest such theft in California history, officials said.

Jeremy Landau, 43, was charged with 13 counts of money laundering, two counts of misappropriation of public funds and a count of conflict of interest in a sale and purchase, according to the Orange County District Attorney’s Office.

Landau joined the board of directors for California Virtual Education Partners, an Orange County-based charter school district that operates five online charter schools, in May 2013. In June 2013, Landau asked other board members for $750,000 in district funds, promising a $3 million return donation in January, prosecutors said.

Landau allegedly laundered the money by moving it between various accounts and failing to repay any of the $750,000 from the district, which is funded by the state.

Landau was arrested Monday and was being held on $750,000 bail. He is scheduled to be arraigned Thursday in Santa Ana.

(©2014 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Los Angeles

facebook.com/CBSLA
Plan Your Trip

Watch & Listen LIVE