New K-12 Fraud Report Reveals $49 Million in Losses, Highlighting a Widespread School-Level Oversight Gap [Yahoo! Finance]
PayPal Holdings, Inc. (PYPL)
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Source: Yahoo! Finance
WILMINGTON, N.C., Jan. 08, 2026 (GLOBE NEWSWIRE) -- KEV Group, the leading provider of K-12 school finance management solutions, today released The K-12 Fraud Report: Inside the School Finance Blind Spot Costing Districts Millions , uncovering a largely overlooked structural oversight gap in how school-level funds are managed and monitored across North America. Based on an analysis of 93 publicly reported and verified K-12 fraud cases that occurred between 2024 and 2025, the report reveals that more than two-thirds (68%) of fraud incidents occur at the individual school level — twice the rate seen at district offices. Even more striking, 97% of cases involve internal staff or volunteers — typically trusted individuals operating in environments where financial controls, standardized processes, and real-time visibility are limited or inconsistent, often without dedicated school finance systems in place. In total, the analyzed cases account for more than $49 million in documented lo
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News
- Here's What to Expect From PayPal Holdings' Next Earnings Report [Yahoo! Finance]Yahoo! Finance
- PayPal signs big lease at Hudson Square [Yahoo! Finance]Yahoo! Finance
- Susquehanna Lowers PT on PayPal Holdings (PYPL) Stock [Yahoo! Finance]Yahoo! Finance
- PayPal Is The Most Hated Stock We Track Today [Yahoo! Finance]Yahoo! Finance
- PayPal (NASDAQ:PYPL) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=PYPL&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> froMarketBeat
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Earnings
- 10/28/25 - Beat
PYPL
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- PYPL's page on the SEC website