Accountant Again Set To Plead In $8M Pa. Cyber Charter School Fraud

PITTSBURGH (AP) – An accountant is again set to plead guilty to helping the founder and former CEO of Pennsylvania’s largest online charter school avoid federal income taxes on more than $8 million that man siphoned from the school.

Neal Prence is scheduled to enter the plea Wednesday before a federal judge in Pittsburgh. He balked when the plea was scheduled Sept. 19, but his attorney says the plea deal is again expected to occur.

Prence is accused of conspiring with Nicholas Trombetta who pleaded guilty to the fraud last month involving The Pennsylvania Cyber Charter School.

Trombetta acknowledged using the school’s money to buy a Florida condominium, houses for his mother and girlfriend, and various personal expenses, and socking most of the money away for retirement. He’ll be sentenced Dec. 20.

Join The Conversation On The KDKA Facebook Page
Stay Up To Date, Follow KDKA On Twitter

(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Comments are closed.

More From CBS Pittsburgh

Bringing You The Best in Sports Talk Radio
New Podcast Network

Listen Live