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A federal jury on Tuesday convicted the head of a now-shuttered for-profit education firm. of billing the Philadelphia School District out of $800,000 meant to educate some of its most at-risk teens. The former president of the Bala Cynwyd-based Delaware Valley High School Management Corp. spent the money intended for education and counseling on upgrades to his beach house in Margate, N.J., and his $1.1 million, 13-room Gladwyne home.

The government-funded apprenticeship 3aaa was placed into immediate administration, putting 4,500 apprenticeships at risk, after the Department for Education pulled all of its funding from the firm following the police investigation of fraud. The DfE’s Education and Skills Funding Agency allocated more than £31m to 3aaa last year for apprenticeships and adult learning schemes.

Amid a period of growth for the higher and further education sectors, with some institutions investing millions of pounds in new building projects and developments, officers want to highlight how organizations can be left vulnerable to the risk of money laundering, fraud, and cybercrime. Institutions also have a duty to ensure that workers in the supply chain are not being exploited as victims of human trafficking.