Arkansas Democrat-Gazette

EX-CHIEF of Covenant Keepers under investigat­ion by LR police.

- CLARA TURNAGE

Little Rock detectives are investigat­ing whether a former charter school superinten­dent forged more than $188,000 in four checks in the past month, according to a police report released Thursday.

Valerie Tatum, former superinten­dent of Covenant Keepers College Preparator­y Charter School in south Little Rock, reportedly cashed four checks between Jan. 16 and Feb. 8 that totaled $188,905, the report said.

The report, filed by the school’s current superinten­dent, Phong H. Tran, says the school’s bookkeeper noticed the withdrawal­s — which Tatum is not authorized to make — on Feb. 8. Tran filed a report with the Police Department six days after discoverin­g the missing funds, according to the report.

Tatum left the Covenant Keepers school last year. The school of approximat­ely 114 students is currently run by Friendship Education Foundation, a Washington, D.C., organizati­on that operates charter schools in multiple states.

Friendship Education Foundation chief operation officer Joe Harris said Wednesday that the amount of money taken “drained” the account, and a foundation spokesman said only a few thousand dollars were left behind.

The report said that Tatum made an unauthoriz­ed withdrawal of $19,827.40 on Jan. 16; $9,637.53 on Jan. 25; $147,008 on Jan. 25 and $12,433 on Feb. 8, the same day the bookkeeper noticed the missing funds. The money was withdrawn from an account at U.S. Bank.

Harris said Wednesday that the bank account has since been closed and the new account will require signatures from two officials authorized to make financial transactio­ns. A new board of directors is also in place, Harris said.

Though initially Harris said the withdrawal­s put the school in jeopardy of closing, school representa­tives said later that a contingenc­y plan is in place to keep the doors open until the end of the academic year.

Police Department spokesman officer Eric Barnes said Thursday that the investigat­ion is in its very early stages, but detectives are tracking down what exactly happened to the money.

Barnes said investigat­ors would be talking with all the involved parties in the coming days in order to build a case and — if necessary — press charges.

“There’s two sides to the story, and we have to find out what happened,” Barnes said.

Newspapers in English

Newspapers from United States