An Escambia County grand jury indicted Newpoint Education Partners and three other companies for grand theft, money laundering and aggravated white collar crime.
Newpoint managed charter schools in Escambia County for 21st Century Academy of Pensacola. Last year, the Escambia County SchoolBoard revoked charters for Newpoint Academy and Newpoint High for grade tampering and misuse of public funds. All three Newpoint schools — Newpoint High, Newpoint Academy and Five Flags Academy — closed. The enrollment at the three schools totaled about 350 students.
