MPS bank impersonation scam, $450K initially lost
Nov 3, 2026
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Video Summary
AI GeneratedMilwaukee Public Schools (MPS) has fallen victim to a bank impersonation fraud scheme resulting in a significant financial loss. While the district has successfully recovered a portion of the funds, an investigation is ongoing to track the perpetrators and prevent similar attacks on other school districts.
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Fox 6 News at 5 starts right now with breaking news.
And we're going to begin with the breaking news with this.
It's election day.
That's not really breaking news.
Milwaukee Public Schools is a victim of fraud
and the value of hundreds of thousands of dollars.
Let's get right out to Derontae Matthews in the Fox 6 Newsroom.
Durante, tell us more.
Yeah, Mary and Ted, NPS says it just found out yesterday
that an outside party committed bank impersonation fraud.
The district says it initially lost $450,000.
Superintendent Brenda Casalia says once they found out,
they immediately contacted their IT team, bank, and police.
Now, this includes state and federal authorities,
as well as the Office of Accountability and Efficiency.
She says they were able to work with U.S. Bank to recover $255,000.
Right now, they're still trying to get back the.
the other 195,000.
Casalia says just how this happened is still under investigation,
but they are trying to
track the perps.
NPS says it's also conducting its own internal investigation
and implementing, quote, both
short-term and long-term controls to protect the district.
Casalia says the district wanted
to be transparent about this entire process.
I want to be able to, you know,
if we make a mistake, we own the mistake, we move on
And learn from it and put in.
place stronger controls.
But I also wanted to make sure that my district partners were on alert.
I wanted to make sure the public and governmental agencies
were on alert that this, you know, this entity is out there.
She also says by getting this information out so quickly,
again, they just found out yesterday,
hopefully this prevents other districts
from going through the same thing.
Casalia says they'll continue to keep
the public informed throughout this entire process.
For now, in the newsroom, Durante Matthews, Fox 6 News.
All right, Durante, thank you.
We have more breaking news out of Milwaukee.
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