District news
District reports partial recovery from prior $900,000-plus fraud

What happened
Staff reported that a September 2024 payment-diversion fraud exceeded $900,000, with $164,131 recovered as of March 12, 2026. Measure O had been restored with other district funds.
Why it matters to families
Restoring the bond account does not mean all stolen money was recovered. Staff described new payment controls and training; no identified perpetrator is established here.
The evidence
Staff described construction-payment safeguards, training and additional verification for electronic payments. The $164,131 figure was recovery as of March 12; the original theft occurred in September 2024, not at this meeting.
The source
LIVE STREAM: RUSD Board Meeting 3-12-2026See the full record for Riverside Unified School District.
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