Quick Study
While the
Department of Education distributes around $150 billion in student financial
aid on an annual basis, tens of millions of dollars go to fraudsters who apply
for student aid using stolen identities. (To say that is a lot of money is an
understatement.) A Danville,...
Fraudster Flunk Out
Most people like to get things for free, but an article posted on MassLive.com tells about a former Massachusetts university employee who takes the concept of free to a new, lower level. This particular young adult was not entirely happy with just receiving a...
School of Hard Knocks
If you want to lose the respect of your peers, steal their personal information and use it to apply for student loans you don't deserve. That's what today's fraudster did to fund her doctorate degree.
A 64-year-old retired high school teacher stole and used the...
Fraud at a Distance
Distance learning is big business, and many accredited universities and learning institutions offer a variety of degrees and certificate programs online. The benefits of online programs are numerous, including convenience, flexibility, cost and choice. Distance learning students do not have to be physically present...
Beauty is Only Skin Deep
The phrase, ''beauty is only skin deep,'' suggests that a person's character is more important than how they actually look. A woman who ran a cosmetology school in Fort Wayne, Indiana used her beauty school to hide an ugly $3 million student loan scam.
The...
They Never Learn
Some fraudsters never learn. They frequently commit the same crime over and over again until one day, they make a mistake. A Georgia woman almost carried out a successful student loan fraud scheme worth $500,000, until she mistakenly signed her own name instead of...
Report Card: ‘F’ for Fraud
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For many, student loans mean the difference between going to college and not going. Not so for this ''Fraud of the Day'' example, found in a story in the St. Louis Post-Dispatch
The article tells of...
Subject to Detention
It's back to school time. Children and people of all ages are headed to learning institutions across the nation to increase their knowledge, some more willingly than others. An article published in The Annandale Patch tells about a man and a woman who were...
When Fraud Becomes Fashionable
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Every year, millions of college students go to class with the goal that if they work hard, they will someday have a good job and a prosperous future. Today's fraudsters thought they deserved the material benefits...
Customer Satisfaction
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If a business wants to stay in operation, a customer satisfaction policy is a ''must.'' (If a customer is not satisfied with the service received, they will most likely go elsewhere to get what they...