ID: Teton School District could recover $484K from fraud

Jeanette Boner provides an update on a breach previously noted on this blog.

Teton School District Superintendent Monte Woolstenhulme said at Monday’s meeting that he was made aware at 2:30 p.m. that afternoon from the FBI that $484,000 of the $784,000 lost to fraud will likely be recovered.

In a tearful report, Woolstenhulme “deeply apologized” to the community adding that he was “devastated,” “angry” and “hurt” over the case that found more than three quarters of million dollars in bond funding sent to fraudulent bank account.

The Monday meeting was set as a work meeting to discuss student achievement measures, but after a public push to set a designated time to discuss the fraud case, the school board opened the meeting up at 6 p.m. to 13 members of the public and more than 80 live-viewers who watched as the meeting was streamed through the district Facebook page.

Community members struggled to understand how, even after a 2017 email fraud that drained the district of $20,000, could this happen to the district again.

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