The Croft School, with locations in Boston, Massachusetts, and Providence, Rhode Island, is set to close its doors this month following financial turmoil that began in March. The school’s founder, Scott Given, has publicly apologized for misleading families, staff, and investors about the school’s financial health.

Admission of Misconduct

In a letter released through his attorneys, Given admitted to ‘lying to many people who trusted me deeply’ and acknowledged that he ‘distorted reality’ as the school’s financial problems worsened. He expressed deep remorse for his actions, stating that he takes ‘full responsibility’ for the breach of trust with families who entrusted him with their children’s education.

Given clarified that he did not use the school’s funds for personal gain but instead invested his own family’s resources in an attempt to keep the schools operational. Despite these efforts, the financial situation deteriorated, leading to the decision to close the schools.

Impact on the Community

The closure of the Croft School affects both the Boston and Providence communities, where families and staff are now left to seek alternative educational arrangements. Teachers have expressed concern over receiving their final paychecks as the school winds down operations.

Given’s admission and the subsequent closure have caused significant disruption within the school community, highlighting the importance of transparency and accountability in educational institutions.

NBC10 has reached out to the school’s representatives for further comment on the situation.

Original reporting: NBC10 Boston — read the source article.