Kaysville man indicted for stealing millions from two Utah charter schools to use for personal expenses, including cosmetic surgeries for his wife.
According to the indictment, Cole Arnold, 39, was an accountant for Academica West Services, which provides services for charter school business operations.
Court documents charge the he created false invoices, bills, and credit card statements, claiming they were for school supplies and teacher salaries, among other false expenses.It's also alleged that he fraudulently passed money through Venmo and a bank account in the name of Upper Limit Innovation, a Utah business he co-owns.
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