Chapter 8 - The Fund Was Missing Money
The school board ordered an independent review of the scholarship fund.
The first problem was administrative.
The fund had received far more donations than Rachel expected.
Charles’s rescue story had attracted donors.
Former students contributed.
Local businesses gave.
Over six years, the fund had collected nearly $1.9 million.
But current scholarship awards represented only a fraction of expected
distributions.
Some money remained invested legitimately.
Some had been used for school-wide aid.
But several transfers required explanation.
One consulting company received more than $240,000.
Its owner was Vanessa’s brother.
Another received development fees.
The school had approved some expenses.
Others appeared to have bypassed normal review.
Rachel did not accuse anyone before the audit finished.
But Vanessa’s fear now made more sense.
Liam’s admission had brought Michael’s name back into the building.
May you like
Michael’s name brought questions.
Questions brought records.
