Petra Academy's chairman, Peter Babichenko, is one of 10 people named in a federal indictment last month.

BOISE - The future of a small private Christian school in Boise is in flux after its chairman was indicted last month as part of a cellphone smuggling ring.

Petra Academy's chairman, Peter Babichenko, is one of 10 people named in a federal indictment Aug. 22.

The Idaho Press-Tribune reports that prosecutors claim the group defrauded customers by buying counterfeit electronic devices and then repackaging and selling them as new products online. Eight of the people are Babichenko family members.

Peter Babichenko vehemently denies the charges against him and his family. He told the newspaper he's worried about the future of the school, which serves about 40 students.

Many of the family's assets were frozen, and the school and church building were seized after authorities raided homes and businesses in August.