N.Y. Charter School Founder Accused of Tax Fraud

ANGELA PASCOPELLA's picture
Friday, April 13, 2012

The founder and chief executive of a troubled charter-school network in Brooklyn was accused by state prosecutors Thursday of repeatedly failing to pay income taxes and creating phony records.

Eddie Calderon-Melendez, the CEO of the Believe High School Network, failed to pay taxes on more than $1.4 million in compensation between 2005 and 2010, Attorney General Schneiderman said in a statement announcing the indictment. During that period, Calderon-Melendez allegedly never filed a tax return.

Calderon-Melendez couldn’t be reached for comment Thursday. All three schools in the network, Williamsburg, Southside and Northside Charter High Schools, are located in Williamsburg, Brooklyn.

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