Stanley-Boyd School District remaining tight-lipped - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

Stanley-Boyd School District remaining tight-lipped about payroll theft investigation

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Stanley (WQOW) - The investigation into a payroll theft at an area school district is ongoing, and the district is staying tight lipped.

The Stanley-Boyd School District had a payroll account at Anchor Bank. Hackers apparently accessed the funds in November and $150,000 was taken. Anchor Bank has said there's no evidence its systems were compromised. The school district hired an accounting firm to look into the theft, that part of the investigation has wrapped up, but the district is not pointing fingers. 

"We're pretty committed to not getting into that. We're not going to sling mud, we're not going to put something out there as to whose fault it may or may not be. There's a lot of things that go into this, part of it is just bad luck. We're certainly not the only people in the state of Wisconsin that have had this happen," says Stanley-Boyd Superintendent Jim Jones.

Some of the missing money was recovered, but the bank is charging the district's account for the rest.  The district has filed a claim with its insurance company, which is investigating.  The FBI is also investigating. In the meantime, the district has closed their account at Anchor Bank.

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Press Release from Stanley Boyd School District 

  1. On December 5, 2012, the District entered into a contract with WIPFLI CPA's and Consultants to help us research what happened in the events which led up to the previously reported loss.  No additional losses have been identified.  At this point, that investigation has been concluded.

 

  1. The District considers the internal investigation of its systems to be completed and now awaits our insurance company to complete their investigation.

 

 

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