Oduk

OPERATION GHOST BUSTERS: Yesterday the FBI and our partners announced charges against 5 subjects in an ongoing op to disrupt and dismantle a large-scale fraud scheme stealing funds from taxpayer-funded student aid relief programs, with at least $32 million in losses. These subjects were allegedly part of a massive scheme to provide bank accounts for foreign actors to receive fraudulent student-aid refunds. The alleged fraudsters would steal personal information from unsuspecting U.S. citizens and use the information to falsely open student aid accounts at universities and community colleges – then fraudulently obtaining federal student aid while not actually attending school. The subjects were ‘Ghost Students.’ Many of those accounts received hundreds—or even thousands—of payments associated with hundreds of U.S. victims. The FBI has over 20 field offices engaged in this investigation – and within the last two weeks seized $750,000 in cryptocurrency as part of the investigation. The 5 subjects charged today are a major step in an ongoing investigation. Thanks to @FBIRichmond, @TheJusticeDept, @AAGMcDonald, and Kenya’s Directorate of Criminal Investigations, Assets Recovery Agency, and Office of the Director of Public Prosecutions for their ongoing work with us in this case. Fraud no longer has sanctuary in America.