From Phoenix: Two men are accused of misusing millions of dollars intended for students to purchase luxury items. The alleged scheme involved buying high-end goods, including a pricey rental property. Jonathan Larry Ballew and Leondo Ramone Davenport were arrested by federal agents and face charges such as wire fraud and money laundering.

Davenport previously served as superintendent of a community high school in Cincinnati. He later controlled the school through a limited liability company. Further details about the case are available from the source.

A federal grand jury indicted the pair, with the US Attorney stating that an end is being put to fraudsters exploiting public trust.