Yes, it.seems pretty clear eyed in terms of the long-standing financial mess. |
So if they get expelled do they finally give up the ghost or gather their 150 kids somewhere else, I wonder. |
According to the court documents, they're scheduled to appear in court for the first time on September 2.....And the owner's asking to take posession of the property with no chance for WSS to regain tenancy.... Interesting to see what kind of announcements they'll be able to make about the coming school year, if they do plan to have one. |
| Also within the last month in Suffolk County NY ( Hamptons Property: Golden Eagle International Trading Limited vs. Whittle, H. Christopher et al ) there's a $17M lawsuit re mortgage foreclosure. The complaint details multiple tens of millions of dollars in loans to him...an astounding amount of money if you add it up...someone needs to ask the question where all the money went...hundreds of millions pass through the school and can't be accounted for, close to $50m goes to him personally in multiple mortgages, Varkey and Avenues hand him more than $13M as well...most of the contractors and the landlord never get paid....teachers have to pay for school expenses on their personal credit cards and he extracts even millions more from parents who pay bills for him and Venmo lunch money because he is theoretically broke ( at least outside BVI and Caymans) while he convinces Nick Anderson of the Washington Post its all a hiccup due to Covid..There are still major missing pieces to this story. |
I guess Nick Anderson didnt actually read the lawsuits for nonpayment. Quite a few of them say that nonpayment began in 2019, and some even date it back to spring 2019. Amazing that CW and co. keep getting away with blaming Covid. |
| Was it worth it for you investment parents to screw all the other parents over, including the prospective parents? So your kids know the other 16 kids who couldn’t get into any other school? |
What does this mean? Not following the logic... |
| All these millions for less than 20 recent graduates. I am sure smart great kids but this school is a bottomless pit. |
My hunch is that the pp meant to ask was it really worth it to knowingly boost a dead entity and incite your parent colleagues to throw good money after bad just to boost the broken school long enough for your own kids to graduate, leaving the rest of the parents holding the empty bag. |
For current families -- has the school communicated about this to you yet? Have they notified you of any plan in response to this turn of events? |
I hope the other parents sue them too. Ditto contractors |
| And teachers too. |
Lawsuits are very expensive to initiate, so small contractors and salaried employees rarely have the means or time to use them as a weapon. Rich liars like Whittle and others famous for stiffing people they owe money to rely on that imbalance to drag out financial disasters like this then wrap them up with a bankruptcy that leaves nothing for the small fry. The DC authorities need to do something to pull this school's right to operate in their jurisdiction. There must be multiple grounds now. |
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I’m sure there are so many great lawyers willing to do this on contingency. So many.
I just hope they join in the investing parents to Defendants. They knew and extended the fraud to have their kids graduate. Not to mention that at least 2/3 are really dodgy and incapable (one married a developers daughter, at least two fleecing the poor) |
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Trying to picture the new space WSS would need for a student body of 150-200 students representing 15 different grade levels. Plus boarding students.
This situation gets more mind-boggling all the time. |