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Every year, millions of college students go to class with the goal that if they work hard, they will someday have a good job and a prosperous future. Today’s fraudsters thought they deserved the material benefits that many degree holders enjoy, but they also believed they shouldn’t have to go to class in order to obtain that status. The Daily Herald reports that two sisters pleaded guilty on October 20, 2015, to stealing students’ identities in order to steal $300,000 in fraudulent student aid from the U.S. Department of Education. (Although they reportedly never attended classes at the institutions they facetiously registered with, these fraudsters evidently took a lesson or two about how to conduct identity theft.)
The story details how the sisters were part of a larger conspiracy, involving two other women who together stole identities and shared illegally obtained student aid funds between January 2012 and February 2013. The fraudsters registered for classes at a local college and an online university, but reportedly never attended class. They reportedly spend much of the money they earned on personal items. Some of these items were remarkably expensive, including shoes made by famous designer brands. (You’re shocked, right?)
According to the story, the fraudsters obtained their funds in the form of checks and debit cards issued by two banks, ranging from $7,000 to $13,000 in value. Their total haul resulted from claims made on behalf of dozens of stolen identities. Reportedly, when police searched the home that one of the sisters involved in this case shared with one of her co-conspirators, police discovered stolen personal information belonging to more than 50 people. (That’s how $7,000-$13,000 becomes more than $300,000.)
Two of the four fraudsters involved in this scheme were previously sentenced in 2014 to prison – one for nine years and the other for five years. The two sisters in this case both received sentences of 10 years in prison, and they were also ordered to repay $319,000 in restitution.
Instead of doing the work of going to class, getting good jobs and becoming productive and prosperous members of society, these fraudsters cashed in on the identities of others and stole their way to a better life. Now that life is behind bars – and there are no designer shoes there.
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