DOJ Flags Nearly 831,000 Student Aid IDs In Nationwide ‘Ghost Student’ Fraud Probe

DOJ Flags Nearly 831,000 Student Aid IDs In Nationwide ‘Ghost Student’ Fraud Probe

DOJ Flags 830,840 Student Aid IDs In Ghost Student Fraud Probe Image by CanvaDXFederal investigators say overseas-linked fraud rings used stolen Ameri...

DOJ Flags 830,840 Student Aid IDs In Ghost Student Fraud Probe

Federal investigators say overseas-linked fraud rings used stolen American identities to claim college aid, while new safeguards could affect legitimate applicants. Federal investigators have identified 830,840 potentially fraudulent student aid IDs associated with nearly $130 million as the Justice Department pursues an alleged international scheme that used stolen Americans’ identities to obtain federal college assistance. […]

'Ghost Students' using AI to apply for student loans with stolen identities — DOJ's Operation Ghostbusters busts $200 million ring faking online college attendance, unsuspecting victims saddled with student debt they didn’t sign up for

Fraudsters are using the identities of high school graduates who skipped college to apply for student loans and steal the excess proceeds that do not go to schools. They use AI to keep the charade going and make it seem like the fake student is actually going to class.