Head Of Special Needs School Guilty Of Money Laundering

Rabbi Osher Eisemann (Photo courtesy State Attorney General's Office)

TRENTON – The founder and director of the School for Children with Hidden Intelligence in Lakewood was found guilty of spending tax dollars on personal expenses, according to the State Attorney General’s office.

  Rabbi Osher Eisemann, 62, was found guilty of second-degree charges of money laundering and misconduct by a corporate official. Second-degree charges carry a sentence of five to 10 years in state prison. Sentencing is scheduled for April 29. 

  However, the Middlesex County jury acquitted him of charges of first-degree corruption of public resources, second-degree theft by unlawful taking, and second-degree misapplication of entrusted property. The school’s fundraising foundation, Services for Hidden Intelligence, LLC, was acquitted of all charges against it.

  According to a statement from the Attorney General’s office, Eisemann misappropriated $200,000 in school funds in a money laundering scheme, making it appear that he used personal funds to repay debts he owed to the school. Additionally, between 2011 and 2015, he used the school’s fundraising foundation to misappropriate $779,000 in public tuition funds other districts paid to the school. He used these funds for personal spending instead.

  “The mission of our Office of Public Integrity and Accountability is to ensure that persons who hold positions of public trust are held accountable if they betray that trust and engage in misconduct,” said Attorney General Gurbir S. Grewal. “This verdict achieves that result and sends a strong deterrent message.”

  “With this verdict, we have ensured that Eisemann will face justice for engaging in criminal conduct involving funds from SCHI,” said Director Thomas Eicher of the Office of Public Integrity and Accountability. “I commend the trial team and all of the investigators for securing this verdict in a highly complex case.”

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Chris Lundy is News Editor at Micromedia. He has covered Ocean County news and features in various publications since 2003. Lundy worked for Gannett with articles in The Beacon, Observer and Asbury Park Press. He's also written for the Community Connection, Patch and ShoreBeat.