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Renton women plead guilty in scheme involving $2.23 mllion in student loans

May 12, 2009
Total Loss: $2.23 Million
A 60-year-old Renton woman and her two daughters pleaded guilty this week in federal court in connection with a bank-fraud scheme involving more than $2 million in student loans, according to a press release from the U.S. Department of Justice in Seattle. According to the press release, the four women stole identities to apply for $2.23 million in student loans. Members of the ring were arrested June 8, 2008, after being indicted for bank fraud and aggravated identity theft.
Source: Renton Reporter
Posted in: Collusive Networks
Tags: loancollusive network