The Croft School is scheduled to close in June, and teachers are expressing concerns about their final paychecks.
The school, with two locations in Boston and one in Providence, Rhode Island, has been in financial turmoil since March. Its board of managers announced to the school community that Scott Given, its founding executive director, admitted to fabricating a letter of credit and keeping two sets of books, overstating the school’s revenue while understating its expenses.
The board said it needed $5 million to cover payroll and costs through the end of the schoolyear…