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
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.