OIG Investigative Reports, Lake-in-the Hills Man Sentenced to Prison for Fraud Skip to main contentAbout UsContact UsFAQs Language Assistance Englishespañol中文: 繁體版Việt-ngữ한국어TagalogРусский U.S. Department of Education Search for: Toggle navigation U.S. Department of Education Student Loans Grants Laws Data About ED OFFICES Home Reports & Resources Programs/Initiatives News Office Contacts Investigation Report U.S. Department of Justice United States Attorney Northern District of Illinois Western Division Scott A. Verseman Assistant U.S. Attorney www.usdoj.gov/usao/iln 308 West State Street - Room 300 Rockford, Illinois 61101 PH: (815) 987-4444 FAX: (815) 987-4236 November 25, 2009 LAKE-IN-THE HILLS MAN SENTENCED TO PRISON FOR FRAUD ROCKFORD – PATRICK J. FITZGERALD, United States Attorney for the Northern District of Illinois; and THOMAS UTZ, JR., Special Agent-In-Charge of the Chicago Field Office of the United States Department of Education - Office of the Inspector General (DOE-OIG), today made the following announcement: This morning, in federal court in Rockford, WILLIAM J. FALBO, SR., 47, of Lake-in-the-Hills, Illinois, was sentenced to serve 12 months in prison for his conviction for obtaining federal education benefits through fraud and false statements. The court also sentenced Falbo to serve three years of supervised release following his imprisonment and ordered him to pay a total of $42,469.45 to the victims of his crimes. The education fraud charge that Falbo pled guilty to was part of a four count indictment filed on July 15, 2008. Count One of the indictment alleged that Falbo falsely applied for federal student financial aid in the name of his son, without his sons permission or knowledge. Count Two alleged that Falbo defrauded Fifth Third Bank out of more than $23,000 in connection with an account he caused to be opened in his sons name. Count Three alleged that Falbo committed wire fraud by applying for a Discover credit card in the name of another individual, without that other individuals permission or knowledge. Count Four charged defendant with identity theft in connection with the application for the Discover card. In the plea agreement which was entered on March 16, 2009, defendant admitted that he had agreed to pay for his sons college education after he divorced his sons mother. Defendants son was admitted into Drake University during the spring of 2004. In order to avoid his obligation to pay for his sons education, defendant falsely applied for federal grants and federally insured loans in his sons name, without his sons knowledge or permission. In support of these applications, defendant submitted numerous false documents, including a false tax return which stated that defendants income during 2003 was $47,227. The actual tax return that defendant filed with the IRS for 2003 showed his income as $233,403. Defendant also admitted that he forged his sons name on certain documents. At the sentencing hearing today, the court found that defendant also committed the bank fraud alleged in Count Two of the indictment and the wire fraud alleged in Count Three relating to the Discover Card. The court considered these acts as relevant conduct for purposes of determining Falbos sentence. The sentencing hearing was conducted by United States District Judge Frederick J. Kapala. The case was investigated by the Chicago field office of the DOE-OIG. The case was prosecuted in federal court by Assistant United States Attorney Scott A. Verseman. Printable view Last Modified: 12/02/2009 How Do I Find... Student loans, forgiveness College accreditation No Child Left Behind FERPA FAFSA 1098-E Tax Form 2015 Budget Proposal More > Information About... Transforming Teaching Family and Community Engagement Early Learning K-12 Reforms More > Connect Facebook Twitter YouTube Email RSS Google+ More > MISUSED FOIA OIG Fraud Hotline Our mission is to promote student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access. Student Loans Repaying Loans Defaulted Loans Loan Forgiveness Loan Servicers Grants & Programs Apply for Pell Grants Grants Forecast Open Grant Competitions Find Grant Programs by Eligibility Laws & Guidance No Child Left Behind FERPA Civil Rights Data & Research Education Statistics Postsecondary Education Data State Education Data Nation's Report Card What Works Clearinghouse About Us Contact Us ED Offices Jobs News FAQs Budget, Performance Notices FOIAPrivacySecurityInformation qualityInspector GeneralWhitehouse.govUSA.govBenefits.govRegulations.gov
Lake-in-the Hills Man Sentenced to Prison for Fraud. Rockford, IL., November 25, 2009
Published by the Department of Education, Office of Inspector General on 2009-11-25.
Below is a raw (and likely hideous) rendition of the original report.