Soon, the money was gone in what he said in court filings was “a scam.” Then he sued his bank for letting him do it. Over three weeks in late 2021 and early 2022, he withdrew $751,500 of his own money to invest in a purported cryptocurrency platform, according to a lawsuit he filed. Before he was one of three finalists to be superintendent of Cambridge Public Schools, Lourenço Garcia made a costly mistake. Garcia, who is currently an assistant superintendent in Revere, has not yet answered questions publicly about…
Cambridge superintendent finalist lost $750,000 on a crypto ‘scam,’ then sued his bank
