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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.

KXAS-TV was awarded a 2017 Peabody Award for its extensive NBC 5 Investigates series, “Big Buses, Bigger Problems: Taxpayers Taken for a Ride”. NBC 5’s investigation exposed a web of corruption, staggering financial mismanagement, hidden personal relationships and conflicts of interest inside Dallas County Schools, a public agency responsible for transporting more than 75,000 school children daily in the Dallas-Fort Worth area.

The University of Kansas and North Carolina State University have become embroiled in the college sport inducement scandal after federal prosecutors in New York elected to expand the case, which involves German sportswear manufacturer Adidas. In September, a senior executive from Adidas, along with four assistant basketball coaches from the University of Arizona, Auburn University, the University of Southern California and Oklahoma State University, were arrested on federal corruption charges relating to the payment of inducements to star athletes.

Elite universities in the United States and the United Kingdom have been investing endowment funds offshore in order to pay little or no tax, according to details revealed in the so-called Paradise Papers. According to the student run Fossil Free Pitt Coalition “We are concerned about the lack of transparency, as two-thirds of the endowment is just a mystery to us. We are suspicious about where that huge segment of the endowment is going.” An emeritus professor in accounting at the University of Essex, told the newspaper that UK universities should be more transparent about their investment decisions, since they are public institutions that receive public money, including from the European Union.