Feds: Fayetteville woman organized $5 million student loan scam that hit NC community colleges

Feds: Fayetteville woman organized $5 million student loan scam that hit NC community colleges

The Department of Justice said Cynthia Denise Melvin pled guilty to conspiracy to commit wire fraud involving the theft of millions from the federal student aid program.

Fayetteville woman pleads guilty in student loan scam - The Roanoke-Chowan News-Herald

WILMINGTON – Cynthia Denise Melvin, age 59, pled guilty to conspiracy to commit wire fraud in connection with the theft of millions from the federal student aid program. At sentencing later this year, Melvin faces a statutory maximum sentence of 20 years, a $250,000 fine, and three years of supervised release. Melvin will also be required to pay restitution. According to court documents and other information presented in court, between approxima…