Browsing: Fraud
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert on directing banks and credit unions to detect and…
Key PointsThe House passed the No Aid for Ghost Students Act (H.R. 7892) on June 10, 2026, by a vote…
This may be the single most important issue facing U.S. democracy today.
The U.S. Department of Education quietly rolled out an automated identity-verification feature on the FAFSA portal Sunday, screening every applicant…
The Big Number: $1 billion — that’s how much the Department of Education says it saved taxpayers by cracking down on…
New Department of Education Building in Washington D.C. Photo: Robert Farrington/The College Investor The U.S. Department of Education, working with…
Key PointsMichelle Denise Hill, 48, of Detroit pleaded guilty to wire fraud after running a decade-long scheme that stole approximately…
Key PointsScammers are using stolen identities and AI-powered bots to enroll fake “ghost students” at colleges across the country, stealing…