A December 19, 2018 NBC news article gave an account of how a Florida resident scammed a Texas school district out of $2,000,000.
Before you dismiss this as something that could never happen in your school or community, think about all the public items that can be used to propagate fraud. Open records, board agendas, board minutes, RFPs and bid packets leave an open trail that is easy to exploit.
This is becoming a much larger issue than most people realize. The scam normally comes about when a district is doing a bond issue or a lease purchase. The most common deception in this situation is to send a billing to the district or the district's bank on letterhead of a common vendor or a vendor involved in the project. There are several different locations where the money will be sent. The money will be delivered to a bank account that a person has been recently opened and then transferred. If the operation is run by an out-of-country group, the money will probably never be recovered. If it is run by someone in the United States, the chances increase that someone will be apprehended and charged with the crime.
Oklahoma's financial picture is fragmented right now. Hurricane Harvey is wreaking havoc on the commodities markets, and previously established values are not necessarily holding true right now.
The OPSRC is a school service organization dedicated to the development of services for public schools. We would like to clarify our stance on Senate Bill 1187 (SB 1187). SB 1187 passed out of the Oklahoma Senate last week on Thursday, March 10, with a vote of 25-20.
That is what the OPSRC team and specifically the Teaching & Learning team are planning for your staff/school & district as we head into the Spring. OPSRC is excited to be planning five regional events throughout the 2016-2017 year dubbed REFRESH: An Interactive Professional Development Forum.
Commentary on the Budget Cuts from Financial Services Director Andy EvansThe...