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Operation Ghostbusters

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US Justice Department Indicts Five in $130M 'Ghost Student' Fraud Ring

US authorities have launched 'Operation Ghostbusters' to combat a massive fraud scheme involving fictitious students. Five individuals, including Kenyan nationals, have been indicted for using stolen identities to enroll fake students in US colleges and siphon federal financial aid. Investigators estimate the scheme has potentially defrauded the government of $130 million, with funds often transferred to offshore accounts in Kenya. The Justice Department has seized over $750,000 in cryptocurrency and is pursuing international extraditions.

via BBC|

#crime-and-justice #department-of-justice #identity-theft

crime-and-justice1 hour ago

US Justice Department Unveils 'Ghostbusters' Probe into $130M Student Aid Fraud

The US Justice Department has launched a major crackdown on a nationwide scheme where fraudsters used stolen identities to enroll fictitious students in American colleges and siphon federal financial aid. Dubbed 'Operation Ghostbusters,' the investigation has led to the indictment of five Kenyan nationals, with authorities alleging the scheme has potentially defrauded the government of $130 million. The fraudsters allegedly used advanced techniques to keep fake students enrolled to continuously receive funds, which were then transferred to associates in Kenya. Victims of the identity theft are now facing unexpected student loan debts and damaged credit scores.

via The Washington Post|

#crime-and-justice #doj #identity-theft