“Systematic failure”: Final forensic audit finds $54.2M in potential fraud, waste or abuse in MSCS transactions
Auditors also found $65.1 million in spending that violated district policies and $291,000 tied to federal grant rules.
7 Articles
7 Articles
Informe forense revela casi $120 millones en presuntas irregularidades en el distrito escolar de Memphis
(LPL) – El estado de Tennessee publicó este martes el informe final de la auditoría forense independiente realizada a Memphis-Shelby County Schools (MSCS), una revisión que encontró casi 120 millones de dólares en transacciones cuestionadas y documentó numerosas deficiencias en la administración financiera, los procesos de contratación y los controles internos del distrito escolar. La […]
“Systematic failure”: Final forensic audit finds $54.2M in potential fraud, waste or abuse in MSCS transactions
The forensic audit reviewed district operations for fiscal years 2022 through 2024. Auditors identified about $54.2 million in transactions they said showed potential signs of fraud, waste, or abuse.
State’s final audit results question $54 million in MSCS spending
By Bri Hatch Long-awaited results from the state-ordered forensic audit of Memphis-Shelby County Schools were released Wednesday as the legal battle continues over who will lead the district for the next four years. The 667-page report on district finances and operations, completed June 30, identifies over $54 million in MSCS spending that serves as evidence […]
Memphis Schools Audit Findings
Tennessee’s Comptroller says the final results of an independent audit of Memphis-Shelby County Schools raise serious concerns. WREG reports: A final state review of Memphis-Shelby County Schools was released on Wednesday morning by the Tennessee Comptroller’s Office in Nashville. The report documents more than $119 million in fraud, waste, abuse or questioned costs, State Comptroller Jason Mumpower said. “The findings in this report represent s…
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