Thousands of “ghost students” use AI to steal millions in student loans, DOJ says
The crackdown highlights a growing trend of cybercriminals using AI to automate academic coursework and scale financial aid fraud at colleges.
Reported by Ars Technica ·
What happened
The US Department of Justice has charged five individuals and seized over $750,000 in cryptocurrency in a crackdown on fraudulent "ghost students" who steal American identities to obtain student loans. According to federal officials, the large-scale international scheme relied in part on artificial intelligence to complete coursework and defraud financial aid programs.
Who it’s about
- Department of Justice
- Colin M. McDonald
Source
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