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Former White House advisor arrested on fraud and money laundering charges

Black-market peso exchange laundering scandal

The entrance signage for the United States Department of Justice Building in Washington DC, USA.

A former Obama White House advisor has been arrested on charges of wire fraud, money laundering and is accused of stealing more than $200,000 from a network of charter schools he founded.

Seth Andrew, who previously served as an education advisor during the Obama administration, allegedly stole $218,005 from school escrow accounts, using the funds to obtain a discount on a mortgage in an apartment in New York city.

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