World

'Operation Ghostbusters': DOJ unveils crackdown on student aid fraud scheme

The Department of Justice announced a sprawling operation seeking to end an elaborate student aid fraud scheme that authorities say has bilked potentially hundreds of millions of dollars from taxpayers. The effort, dubbed “Operation Ghostbusters ,” aims to crack down on an international fraud scam that has funneled stolen federal student aid dollars into offshore accounts since at least 2021. At an Oct. 29 news conference, Assistant Attorney General Colin McDonald described the scheme, detailing