Charleston County School District taxpayers can only dream of outcomes such the one in Berkeley County where the former schools chief financial officer faces prison for embezzling hundreds of thousands of dollars from the district.
"Among the funds that [Brantley] Thomas took were federal grants intended for special education students. , ,the court heard details of several methods Thomas used in his schemes, including overpaying vendors through school district accounts, then depositing refund checks into his own account."
How was the fraud discovered?
Not by the district itself or by its auditing firm that continued to give it a clean bill of health. No, it was the Feds, that is, an investigation by Wells Fargo and the FBI. What does that tell you?
Do we have any reason to believe that financial accounting in the Charleston County School District has been held to a higher standard?
No.
Posts
No comments:
Post a Comment