LOUISVILLE, Ky. (WAVE) – The Jefferson County Public Schools district is moving forward with plans to eliminate 61 elementary school bookkeeper positions, and the president of the union representing those workers says the decision could open schools to potential fraud and theft.
“There’s so many things that can happen without having that person who is overseeing those types of day-to-day activities,” Nicole Humphrey, JCAESP AFSCME 4011 president, said.
Jefferson County Public Schools (JCPS) plans to replace the 61 bookkeeper positions with 22 central office jobs. Humphrey pointed out those central office employees would earn roughly double what the bookkeepers currently make and would travel to five or six schools to collect and deposit funds.
“I don’t know how it would be possible that it would happen, but Eddie Muns (the district’s chief financial officer) assured me that they would…
THE TD BANK INSIDER “BRIBE-FOR-DATA” SCHEME (USA)
Date: February 17, 2026 Perpetrator: Edward Low (Former Bank Employee)
Case Description: In a high-profile case of “Insider Threat,” Edward Low, a former employee of TD Bank in New York, pleaded guilty in a New Jersey federal court to accepting bribes in exchange for confidential customer data. Between 2021 and 2022, Low leveraged his internal access to harvest the personal details of high-balance account holders. He then sold this “hot data” to external fraud syndicates for as little as $26,700 in personal kickbacks.
The external fraudsters used the information Low provided to conduct “Account Takeovers” (ATO), creating fraudulent checks and falsifying bank records to drain over $500,000 from unsuspecting customers. Low even went as far as helping co-conspirators open shell company accounts at a second financial institution where he was later employed. He now faces a maximum penalty of 30 years in prison. This case has sent shockwaves through the global banking sector, highlighting that even the most robust external firewalls cannot protect against a “rogue insider” with administrative credentials.
Link to Original: US Dept of Justice – TD Bank Insider Plea