School Founder Found Guilty of Fraud Sentenced to 30 Months in Prison
Former Wellspring Academy head given 30 months in prison
By Mike Gangloff
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School's founder guilty of fraud
Robert Serge Gluhareff, who headed the financially troubled Wellspring Academy in Halifax County, will spend 30 months in prison for a variety of fraud charges.
Gluhareff, who in April pleaded guilty to two federal charges linked to bank fraud, one to mail fraud and one to tax fraud, led a high-priced school for troubled boys that touted the Christian framework of its program. Prosecutors said he propped up the school's shaky finances by depositing bad checks or tuition checks that he knew parents could not yet cover. He also encouraged parents to label advance tuition payments as scholarship donations and to claim tax deductions for them, prosecutors said.
When the school closed suddenly in 2003, parents who paid in advance were out thousands of dollars.
Today, U.S. District Judge Samuel Wilson sentenced Gluhareff to 30 months in prison on each of the four charges, to be served concurrently. Gluhareff also was ordered to pay more than $500,000 restitution, although both defense and prosecution agreed that it’s unlikely he’ll be able to repay that much.
Gluhareff said he plans to appeal
http://www.roanoke.com/news/breaking/wb/111501