Chaka Fattah Jr. surrenders to feds on bank fraud charges
The son of Congressman Chaka Fattah, Chaka Fattah Jr., surrendered to federal authorities to face bank fraud charges this morning, reports say.Fattah Jr. has been indicted on charges of falsely inflating costs to defraud the School District of Philadelphia while running 259 Consulting and working for Delaware Valley High School (DVHS), a for-profit education firm that worked with troubled kids, the Inquirer reported.
The federal indictment reportedly accuses Fattah of submitting “false, inflated and fictitious budget information” to the Philadelphia Schools District on behalf of Delaware Valley High School to maintain his income as a consultant.
Fattah Jr. is accused of defrauding the School District of about $206,000.
In February 2012, Fattah’s apartment was raided by the IRS Criminal Investigations Division.
In March, Fattah filed a lawsuit against the federal government for ruining his reputation and depriving him of income through the early morning raid, which was photographed by the Philadelphia Inquirer and was highly publicized.
“I’m hopeful that a court-ordered formal apology and monetary judgement will help clear my name and go a long way toward restoring my professional reputation,” Fattah told Metro in April, regarding his lawsuit.
Fattah accused the IRS in particular of notifying the Inquirer of the early morning raid. He said there was no other way a photographer from the paper could have known to be outside his apartment at 6:30 a.m. on a Wednesday morning.
“There have been no charges to date. I have never been audited. I have not been assessed any additional taxes. It’s more than 2 years later and any authority for them to do this doesn’t include them having approval to leak the existence of an investigation to the media,” Fattah Jr. said in April.