www.the74million.org Phishing Scam Targets South Carolina K-12 Voucher Program Vendors
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- •Phishing scam redirected approximately $100,000 from K-12 voucher program vendors.
- •South Carolina Department of Education notified affected vendors on September 25, 2026.
- •The incident has raised security concerns regarding the Education Scholarship Trust Fund.
A phishing scam targeting vendors of South Carolina's K-12 voucher program led to the fraudulent redirection of approximately $100,000. The South Carolina Department of Education alerted vendors on September 25, 2026, about the scam, which involved spoof emails requesting banking information. The attack affected service providers like private schools and tutoring centers, causing a temporary lockdown on disbursements for about a week. While the Department of Education is working with ClassWallet to recover the funds, the final impact remains undetermined. The incident has raised concerns regarding the security of the $83 million Education Scholarship Trust Fund, which serves 15,000 students. Some vendors reported their accounts were restored by October 5, but the extent of the impact on the 959 listed providers is still unclear.
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