Caddo School’s Boss on Phishing Scam: Most of the Money Recovered [VIDEO]

Caddo Parish Schools Superintendent Dr. Lamar Goree talks with 101.7 / 710 KEEL's Robert J Wright and Erin McCarty about the recent "phishing" scam that defrauded the school system of a nearly a million dollars.

Goree explains to KEEL listeners that the near $988,000 payment made to hackers masquerading as Charter Schools USA has been located and frozen in accounts in this country. The criminals who hacked the account are believed to be in Africa.

From a previous KEEL report:

"The Caddo Parish Sheriff's Office and the FBI have been tracking down the funds, according to a release from the Caddo Parish School District. In total, $988,000 was siphoned away from the Magnolia School of Excellence through the scam. The money was taken from payments that were meant for Charter Schools USA, who is the charter operator for Magnolia School."

And the official explanation from Caddo Schools:

"Law enforcement officials have verified an unknown individual fraudulently posed as an employee with Charter Schools USA, and spoofed an official charter email account to change banking information on file with Caddo Schools. As a Type 1 charter, the district makes payments to Charter Schools USA based on Magnolia School of Excellence’s enrollment."