OIG Investigative Reports, Man Arrested for Student Loan 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 Investigative Reports FOR IMMEDIATE RELEASE: Dyer, Indiana, October 11, 2001 Contact Person Joseph S. Van Bokkelen United States Attorney 1001 Main Street, Suite A Dyer, Indiana 46311 Man Arrested for Student Loan Fraud The United States Attorney's Office announced that a Grand Jury sitting in Hammond, Indiana, previously returned the following indictment: NAMON ARNOLD, age 44, who was the owner and operator of the Hammond Academy of Beauty, located in Hammond, Indiana, has been charged with obtaining Pell Grant funds by fraud beginning in December 1992 and continuing until June 1997. Additionally, he was charged with several counts of money laundering as it is alleged he took steps to hide and conceal this source of illegitimate funds. Mr. Arnold was arrested on October 10, 2001 and the indictment was unsealed. Statutory maximum sentence upon conviction for this indictment is 115 years. This charge was filed as the result of an investigation by the United States Department of Education, the Internal Revenue Service, and the United States Postal Inspection Service. This case has been assigned to and will be prosecuted by Assistant United States Attorney Jonathan L. Marks, who can be reached at 219-322-8576 for any inquiries. The United States Attorney's Office emphasized that an indictment is merely an allegation and that all persons charged are presumed innocent until and unless proven guilty in court. Top Printable view Share this page Last Modified: 03/02/2005 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
Student Loan Fraud Arrest Dyer, Indiana, October 11, 2001
Published by the Department of Education, Office of Inspector General on 2001-10-11.
Below is a raw (and likely hideous) rendition of the original report.