oversight

Dallas Man Indicted for Defrauding Federal Student Loan Program. Dallas, TX., June 09, 2011

Published by the Department of Education, Office of Inspector General on 2011-06-09.

Below is a raw (and likely hideous) rendition of the original report.

OIG Investigative Reports, Dallas, TX  June 09, 2011 - Dallas Man Indicted for Defrauding Federal Student Loan Program
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
U.S. Department of Justice
U.S. Attorney's Office
Western District of Texas
John E. Murphy, U.S. Attorney
FOR IMMEDIATE RELEASE
On the web: www.usdoj.gov/usao/txw/index.html
June 09, 2011
Daryl Fields, Public Information Officer
(210) 384-7440
Dallas Man Indicted for Defrauding Federal Student Loan Program
United States Attorney John E. Murphy announced the return of a federal grand jury indictment charging 47-year-old Solomon Hobbs, Jr., (a.k.a. Virgil Clinton Powell) of Dallas, Texas, in connection with a scheme to fraudulently obtain over $37,000 in student loans.
The indictment, returned by a federal grand jury in Austin, charges Hobbs with four counts of wire fraud, three counts of student assistance program fraud, one count of aggravated identity theft and one count of identity theft.
According to the indictment, since 2004, Hobbs developed a scheme to fraudulently obtain $37,395.05 in federal student financial aid, including $6,573.50 by using another individual's name and identifying information, from five universities in Texas including: University of Texas at Tyler, University of Texas at El Paso, University of Texas at Arlington, Midwestern State University (Wichita Falls) and Texas State University. The indictment further states that Hobbs' pattern of obtaining funds then failing out of the institutions due to his lack of attendance shows that Hobbs had no intent of using the financial aid for educational expenses.
Upon conviction, Hobbs faces up to 20 years imprisonment per wire fraud charge; up to five years imprisonment per student assistance program fraud charge; up to 15 years imprisonment on the identity theft charge; and, a mandatory two years in federal prison on the aggravated identity theft charge.
This case was investigated by the U.S. Department of Education Office of Inspector General. Assistant United States Attorney Jennifer Freel is prosecuting this case on behalf of the Government.
An indictment is merely a charge and should not be considered as evidence of guilt. The defendant is presumed innocent until proven guilty in a court of law.
#####
Top
Printable view
Last Modified: 06/14/2011
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