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Ex-St. Paul charter school leader sued for misusing $4.3M in school funds on illegal hedge fund.
Minnesota Attorney General Keith Ellison has filed a lawsuit against former St. Paul charter school superintendent Christianna Hang for misusing $4.3 million in school funds by investing in a prohibited hedge fund.
Despite legal and financial advice against it, Hang went ahead with the investment, violating school policy and state law.
The lawsuit seeks to recover the lost funds and prevent similar actions in the future.
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El ex director de una escuela privada de St. Paul fue demandado por mal uso de $4.3 millones de fondos escolares en fondos ilegales.