PebHmong Discussion Forum
General Category => General Discussion => Topic started by: theking on December 16, 2021, 09:15:08 PM
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After hedge fund loss, couple to leave top jobs at Hmong College Prep with $350,000 in payouts
Hmong College Prep Academy’s chief operating officer has joined his wife in resigning his job in the wake of the school’s $4.3 million loss from an illegal hedge fund investment.
Pao “Paul” Yang will leave at the end of the month with a $120,942 separation payout, according to a Dec. 5 letter from school lawyer Jim Martin to bondholders who are financing the school’s construction projects.
Martin said Yang had approached the school about resigning in exchange for a separation agreement.
Yang’s wife, the school’s founder and longtime superintendent, Christianna Hang, is leaving at the same time with a previously announced $227,732 payout.
(https://i0.wp.com/www.twincities.com/wp-content/uploads/2015/11/20130404__130405hmongjp2.jpg?fit=620%2C9999px&ssl=1)
(http://shrdo.com/wp-content/uploads/2015/06/suabhmong-news-photo0407.png)
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$350k is enough to buy a really nice house in that area... ??? ;D
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...and I offered to help when they were first starting up...They were evasive, soooo...
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So looks like they already have some fraudulent planning to begin with?? ??? ;D
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;D
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Yeah, they said they just needed money...
...so you're not interested in collaborative help? :D
still the school propped up in the midst of all these other alternative schools sprouting like fresh dandelion weeds.
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Remember when all the NPO's were sprouting up and .... :D :D
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"HOLY SHINTO" per Chris Farley ;D ;D ;D!!!
(https://c.tenor.com/LvpdeZa39vsAAAAC/holy-shinto.gif)
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Would it made a difference if they made money, probably not. Kind of suspicious when the markets at all time high yet the school bled out so much.