Idaho's Teton School District No. 401 will recover the rest of the money the district lost to email scammers thanks to insurance.

The district's insurance carrier, Idaho Counties Risk Management Program, said it would cover the remaining $300,000 of the original loss plus some of the expense of the cybersecurity investigation, the district reported earlier this week. The district will need to pay a $500 deductible.

As announced in January, the district already recovered $484,332.66 of the original amount of $784,000 fraudulently transferred. The sum was a monthly payment of bond money, passed by the community in November 2017 to deal with old buildings and to improve classrooms. 

An FBI investigation into the matter is still ongoing.

The school district also announced the hire of a new business manager. Blake Snedaker, the current business manager of Cascade School District No. 322 in Cascade, Idaho, will make the transition to Teton Valley next month and make substantially more than his predecessor.

Contact Kylie Mohr at 732-7079, schools@jhnewsandguide.com or @JHNGschools.

Kylie Mohr covers the education and health beats. Mohr grew up in Washington and came to Wyoming via Georgetown. She loves seeing the starry night sky again.

(0) comments

Welcome to the discussion.

Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Please turn off your CAPS LOCK.
No personal attacks. Discuss issues & opinions rather than denigrating someone with an opposing view.
No political attacks. Refrain from using negative slang when identifying political parties.
Be truthful. Don’t knowingly lie about anyone or anything.
Be proactive. Use the “Report” link on each comment to let us know of abusive posts.
Share with us. We’d love to hear eyewitness accounts or history behind an article.
Use your real name: Anonymous commenting is not allowed.
If you share a web address, please provide context as to why you posted the link.