Bombshell report UNCOVERS $225 million in alleged fraud scheme

FOX Business correspondent Connor Hansen reports on an alleged $225 million K-12 fraud scheme across 24 states and Puerto Rico on 'Varney & Co.' 00:00 - Bombshell report: $225M in K-12 fraud 00:23 - Financial impact on students and teachers 00:54 - "Ghost students" and enrollment inflation 01:10 - Bid rigging and embezzlement schemes 01:30 - JD Vance on fraud as an election issue 01:44 - How to report school fraud tips Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness Follow Fox Business on Twitter: https://twitter.com/foxbusiness Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness