School trustees in Las Vegas have approved a $9 million settlement in a case involving a former school bus driver who was sent to prison in 2018 for sexually assaulting special education preschoolers.
The Clark County School Board accepted the agreement unanimously and without comment, the Las Vegas Review-Journal reported.
The action last week followed the dismissal in November of a federal lawsuit involving the parents of a girl and a boy who were 3 and 4 years old when Michael Ray Banco was arrested in 2015.
Documents filed Friday in U.S. District Court in Las Vegas say the funds will be deposited in a trust account for the children.
Banco faced 41 felony charges before he pleaded guilty to sexual assault with a minor under 16 and lewdness with a child under 14. He’s now 62 and is serving 35 years to life in prison.
Police and prosecutors said Banco, a longtime school bus driver, sexually assaulted children in the back of his bus before dropping them off at their home. Acts were captured on bus surveillance video.
A district spokesman said this week that insurance will pay two-thirds of the settlement, leaving the district to pay $3 million.
Topics Fraud Personal Auto Oklahoma
Was this article valuable?
Here are more articles you may enjoy.

State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive
Viewpoint: Japan’s $550B Bet on America—What it Means for the US Insurance Market
Mustard Maker Caught Pumping Pollutants Into River for Years and Lying About It
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs 

