SC Treasurer Curtis Loftis released a video explaining how his office manages cash and investments—and what led to the $1.8 billion accounting error.

Link to video South Carolina’s Money is Safe – Here’s What You Need to Know. Your money is safe and secure.

“Please watch this two-minute video that explains how our office manages cash and investments—and what led to the $1.8 billion accounting error,” Loftis said. “I was elected to protect your hard-earned taxpayer dollars and will continue to do so. Thank you for your support.”