Shye pleads guilty to embezzling more than $470,000

Shye pleads guilty to embezzling more than $470,000

COLUMBUS

A former treasurer of charter schools in Youngstown and other Ohio cities pleaded guilty Thursday to embezzling more than $470,000 in federal funding over a six-year period.

As part of a plea agreement, Carl W. Shye Jr., 57, who lives in the Columbus area, will forfeit money he took illegally and permanently surrender his accounting license, according to details released by state Auditor Dave Yost.

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