Steven J. Kunkemoeller, one of two businessmen accused of racketeering and organized fraud at 15 charter schools throughout Florida, turned himself into authorities yesterday afternoon.
Kunkemoeller, 56, of 793 Watch Point Drive in Cincinnati, operated Red Ignition and School Warehouse, which sold marked-up goods to charter schools run by Newpoint Education Partners, according to documents filed with the court. Newpoint founder, Marcus May, also has a warrant out on similar charges, but he has not been arrested yet.
Kunkemoeller was booked into the Escambia County Jail at 1:15 p.m. He was released minutes later on $100,000 bail.
Wow, what type of man would allegedly steal money using children’s educational needs as an excuse to pull off deceitful schemes of ruthless thefts of taxpayers money year after year? Who is this guy? Maybe he will serve some prison time and have to pay some of that money back and not just get a slap on the wrist by posting bail money and cutting a deal like most do.