On June 27, 2018, the State of Connecticut Treasurer’s Office announced that about $1.4 million had been stolen from Connecticut Higher Education Trust (CHET) college-savings accounts. This theft resulted from data security breaches that occurred in early June, 2018.

Connecticut State Treasurer Denise L. Nappier confirmed that TIAA-CREF Tuition Financing Inc. (TIAA-CREF), the CHET Direct