OIG Investigative Reports, Press Release, Madison Wis., 11/30/2010 - Man Sentenced 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 Investigation Report Department of Justice United States Attorney John W. Vaudreuil Western District of Wisconsin FOR IMMEDIATE RELEASE NOVEMBER 30, 2010 WWW.JUSTICE.GOV/USAO/WIW CONTACT: RITA M. RUMBELOW PHONE: (608) 264-5158 TTY: (608) 264-5006 Man Sentenced for Student Loan Fraud Madison, Wis. - John W. Vaudreuil, United States Attorney for the Western District of Wisconsin, announced that Ernest Kwasi Bankas, 56, a naturalized citizen of the United States originally from Ghana, who was living in Sachse, Texas, was sentenced today by U.S. District Judge Barbara B. Crabb to two years in prison, without the possibility of parole, for fraudulently obtaining student loan funds. Bankas pleaded guilty to this charge on September 17, 2010. Bankas was also ordered to pay $340,000 in restitution to the U.S. Department of Education. Bankas’ fraud was detected in 2005 by the Great Lakes Higher Education Corporation (GLHEC) when they began audits of students studying abroad. Officials of GLHEC called the Department of Education to investigate when it learned that Bankas had already graduated from the University of Durham in England, yet he forged documents to continue to obtain loans, claiming he was still attending the University of Durham. Over the course of several years Bankas had also defaulted on several loans and used several social security numbers to obtain loans. The charges against Bankas were the result of an investigation conducted by the U.S. Department of Education, Office of Inspector General. The prosecution of the case has been handled by Assistant U.S. Attorney Rita M. Rumbelow. # # # # Top Printable view Last Modified: 12/20/2010 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
Man Sentenced for Student Loan Fraud. Madison WI., 11/30/2010
Published by the Department of Education, Office of Inspector General on 2010-11-30.
Below is a raw (and likely hideous) rendition of the original report.