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Principle Academy

Jersey Shore Charter School Leaders Steered $115G Contract To Founder's Side Biz: Indictment Jersey Shore Charter School Leaders Steered $115G Contract To Founder's Side Biz: Indictment
Jersey Shore Charter School Leaders Steered $115G Contract To Founder's Side Biz: Indictment The founder of a Jersey Shore charter school and its business administrator illegally steered a $115,000 contract to the founder’s side business, state authorities charged. Peter Caporilli, 59, of Absecon, and Michael Falkowski, 48, of Point Pleasant, split a single project to build an outdoor learning center at Principle Academy in Egg Harbor Township into two smaller contracts for $40,000 and $75,000, respectively, a grand jury found. They did so to evade public bidding requirements and prevent competing contractors from bidding on the first phase of the job, an indictment returned by the…