A charter school founder has been sentenced to 55 months in prison. State Prosecutors say  that Steven Kunkemoeller and his business partner Marcus May, owner of Newpoint Education Partners LLC, overcharged Newpoint Charter Schools for school items like desks and ipads and kept the profits.

Newpoint operated several locations across the Panhandle, including one in Bay County. The Bay County location has since cut ties with the new point charter company and changed its name to Palm Bay Academy.

Kunkemoeller was convicted in march of racketeering and organized fraud At his  sentencing today, Kunkemoeller was also sentenced to 10 years of probation following his prison term.