Belmont County

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Bridgeport recoups most of money stolen from district

Updated: Wednesday, March 26 2014, 05:27 PM EDT

wtov9.com
BELMONT COUNTY, Ohio -- Most of the more than $88,000 that went missing from the Bridgeport school district after the computer system was hacked has been restored to the district's account.
"We've gotten over 90 percent of all the money back," Superintendent of Bridgeport Schools Ted Downing said. "This is a long process that started back in October and just recently has been resolved."
Officials first learned of the missing money when the schools' account became overdrawn.
Forensic work revealed the virus came from overseas, and then the money was disbursed in small amounts to 18 different people.
Trying to find the specific people, who knows where they are? Are they really real people? We thought we would never be able to track them down," Downing said.
According to Downing, restoring the full amount of money stolen in the hack just wasn't possible, as the district has a $1,000 deductible and racked up forensic expenses and attorney fees working with the insurance company.
When you start going to court and things like that, you never get back what you have into and to get almost everything back, we feel that it was good for our district," he said.
Additional security features for finances have been implemented.
"Not that it was bad in the first place but we've added a lot more measures to make sure this doesn't happen again and hopefully, knock on wood it wont," Downing said.
District officials have spoken at meetings for other area schools, trying to spread scam prevention information. But ultimately he hopes their misfortune can serve as a learning experience for other district leaders.

Bridgeport recoups most of money stolen from district


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