The Croft School in Boston and Providence could close after the founder, Scott Given, allegedly concealed $13 million in debt for years.
In a letter sent from the school’s board to the community, they allege that Given called a board member on March 6 and told them he had mismanaged and misrepresented the school’s finances for the last several years, keeping two books. The board said they had only gained access to the finances last week and learned that the debt is $13 million.
A spokesperson for the school said it will be open for classes on Monday. But parents said that they were told that the for-profit elementary school could close on March 27…