DOJ Aims to Crush Student Aid Fraud

DOJ's first results from Operation Ghostbusters show fake students enrolled on stolen identities to divert federal student aid. Five defendants are charged, and money allegedly went to Kenya. Fox's Colin McDonald calls it "organized fraud at scale." Losses could hit several hundred million dollars, per Fox News, or well over $200 million, per Just the News. Three New Jersey suspects, alleged money mules, have not entered pleas yet, which in Washington means the paperwork is still moving. Back home, a feed hand who signed for a truckload under a dozen different names would have the sheriff on the phone before the tailgate dropped. A student aid program that can't tell a real student from a stolen name runs on the honor system, and that dog won't hunt.
“This is organized fraud at scale.”Colin McDonald, via Fox News
I fenced in the good parts. The whole pasture's this way:
Read the full story at Fox News →Coverage
- DOJ's ‘Operation Ghostbusters’ aims to crush massive student aid fraud scheme involving fake studentsFox News · 4d ago
- ‘Operation Ghostbusters’: DOJ charges five in student aid scheme it says sent money to KenyaJust the News · 4d ago
- ‘Operation Ghostbusters’: DOJ charges five in student aid scheme it says sent money to KenyaJust the News · 4d ago
- 'Operation Ghostbusters' Targets Ghost Student Loan Fraud, Nets Five Indictments for ScammersRedState · 4d ago
- "Operation Ghostbusters" Exposes Kenyan Student Loan ScamZeroHedge · 2d ago
- “Operation Ghostbusters” uncovers Kenyan migrant network stealing student aidNot the Bee · 3d ago