News

Browse All News Topics

Student Loan Scam Uncovered in Florida

Mar 24, 2009

by Scholarships.com Staff

Student loans are becoming increasingly difficult for the average college student to obtain.  However, it appears at least one group is able to borrow private loans with relative ease: 80-something hospice patients in Florida.  A student loan scam recently uncovered in St. Petersburg, Florida involved two stolen identities and between $15,000 and $18,000 in loans.

An 80-year-old woman and an 83-year-old man had their identities used to take out private student loans from Sallie Mae.  A news story in The St. Petersburg Times describes the fraud as "poorly executed," involving blatant and inconsistent forgeries, including a fake ID with nothing changed but the picture--not even the 80-year-old's birth date. Private student lenders have previously come under fire when student loan scams were revealed, as private loans are by far the easiest type of student loan to fraudulently receive.

While many student loan scams don't even involve the pursuit of a real college degree, this one appears to have been perpetrated by a nursing student who had previously cared for the two victims of identity theft.  The woman accused of identity theft successfully completed coursework at Keiser Career College and received her Licensed Practical Nurse certification in the fall. Bail is currently set at $40,000--already more money than she would have owed had she taken out the loans herself.

And don't forget, you should pay for your college education with as much free money as possible! Find as many scholarships and grants as you can before turning to student loans. Visit the Scholarships.com free college scholarship search today where you'll get matched with countless scholarships and grants for which you qualify, then apply and win! It’s that easy!

Discuss

Share your thoughts and perhaps thousands of students will benefit from your unique insight on the subject!



If you can read this, don't touch the following fields


 

Most Shared Articles

What do spring college scholarships bring? Potentially thousands of dollars in free college money to help foot your college tuition bill! Whether you are relaxing over spring break or heavy into spring cleaning, don't forget to do your academic and financial aid housekeeping. Explore these spring-centric awards, as well as college scholarships with spring 2017 deadlines. Or if you prefer, conduct your own free college scholarship search here: [...]

0 months ago 1 comments Read More

March is National Women's History Month, and while we observe and celebrate the many females that brought forth change and exemplary contributions to our society, we want to give you some opportunities to pursue your dreams - without the financial burden. Ladies, check out these scholarship opportunities reserved for women only: [...]

0 months ago 0 comments Read More

Hundreds of Middlebury College students turned their backs on, and shouted down a prominent and controversial writer and scholar, Dr. Charles Murray, preventing him from giving a public lecture. The violent attack on free speech left one college professor injured and Middlebury’s President disappointed with the "deep and troubling divisions that were on display [that] night." [...]

0 months ago 19 comments Read More

Two University of Washington professors are calling out "fake news" and "alternative facts" in defense of the scientific community with their new course "Calling Bullshit In The Age of Big Data." Students, as well as the general public will have the opportunity to learn how to "detect and defuse" bullshit. [...]

1 months ago 2 comments Read More

One Faculty Master is keeping his free cookie tradition strong for College House residents, even while he's on sabbatical. Every Wednesday at 10 p.m., freshman line up Master Dennis DeTurck's apartment for a sweet snack and the singing of show tunes. This is only one example of the many food-centric traditions found at the university. [...]

1 months ago 0 comments Read More

Fighting crime is no easy task and is not meant for everyone. Careers in criminal justice aren't limited to police officers. You can study to be a criminal law paralegal, a crime lab analyst or even work for homeland security. If you plan to take this route, don't forget to apply for these solid scholarships to reduce debt while also doing your part to reduce crime: [...]

1 months ago 0 comments Read More

Due to Oregon's $1.8 billion budget crisis, public university leaders want funding reallocated from the Promise program to the state's need-based grant, which is awarded to low-income students who attend Oregon's public universities. [...]

1 months ago 1 comments Read More