Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Calgary Private School allegedly inflates grades; using funds for home, vehicles

tvp2003 · 06-30-2012, 06:16 AM

Wow -- this story just keeps getting worse. Now the "founder" allegedly transferred his personal home to the school (and then refinanced it for an inflated amount, potentially walking away with $600k in his pocket), and also expensed two vehicles to the school for his own personal use (including a BMW X5):

http://www.calgaryherald.com/busines...002/story.html

If I was a parent, teacher, or even a janitor at this "school", I would be absolutely outraged. Wonder how much responsibility falls on Alberta Education for funding this trainwreck; after these two Herald articles I can't see anyone dumb/ignorant enough to enrol their kids here next year.

06-30-2012, 06:16 AM	#4
tvp2003 Franchise Player Join Date: Mar 2006 Exp:	Wow -- this story just keeps getting worse. Now the "founder" allegedly transferred his personal home to the school (and then refinanced it for an inflated amount, potentially walking away with $600k in his pocket), and also expensed two vehicles to the school for his own personal use (including a BMW X5): http://www.calgaryherald.com/busines...002/story.html If I was a parent, teacher, or even a janitor at this "school", I would be absolutely outraged. Wonder how much responsibility falls on Alberta Education for funding this trainwreck; after these two Herald articles I can't see anyone dumb/ignorant enough to enrol their kids here next year.