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US charges five over AI-assisted ghost student loan fraud, seizes over $750,000 in crypto

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Medium
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The US has charged five people in a large crackdown on fake students who use stolen identities to take out student loans. Officials said the scheme used AI in part, and authorities seized more than $750,000 in cryptocurrency linked to a network of Kenyan nationals.

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Full story timeline · 1 update

  1. Fri 30 OctoberThousands of “ghost students” use AI to steal millions in student loans, DOJ saysArs Technica (all)

Who reported · 1 outlet

Ars Technica (all)

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