DOJ Charges Five in $750k Student Aid Fraud Scheme

• The Justice Department has charged five people for a student aid fraud scheme.
• The scheme involved enrolling 'ghost students' to steal federal financial aid.
• Approximately $750,000 in stolen funds have been seized.
• The operation, potentially reaching several hundred million dollars in losses, has been ongoing since 2021.
• The crackdown is part of a nationwide initiative called 'Operation Ghostbusters'.