Child Care Center Files for Bankruptcy

A Milwaukee child care center has filed for Chapter 11 bankruptcy after dealing with alleged federal fraud investigations. The Tranquility Learning and Educational Academy has also lost its state child care license due to unpaid taxes. According to reports, the child care center owes $50,000 to the IRS and $5,000 to the state Revenue Department, as well as $30,000 in state unemployment compensation payments.      

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