INDIANAPOLIS — A former Indiana Virtual School director was found guilty of federal wire fraud charges for his role in a scheme to defraud the Indiana Department of Education.
A federal jury convicted Phillip Holden of 17 counts of wire fraud and one count of conspiracy. Investigators said Holden and three other former school officials faked enrollment numbers for Indiana Virtual School and Indiana Virtual Pathways Academy.
Holden, Thomas Stoughton, Percy Clark, and Christopher King claimed more than 4,500 students enrolled at the schools between the summers of 2016 and 2018 to secure over $40 million from IDOE…