Student Loan Fraud
Fraudulent actions on the part of individuals and businesses cost taxpayers significant amounts of money each year, and can create problems for people who are seeking to borrow money from the federal government, as new restrictions are often put in place to prevent future fraud. When it comes to student loan fraud, taxpayers and persons who wish to obtain funding for education are often forced to pay for others’ fraudulent actions.
If you are aware of a person or persons who are abusing or misusing government money for student loans, or you may be eligible to take legal action on the part of the federal government through a Qui Tam lawsuit. For more information on student loan fraud and Qui Tam action, contact an experienced Qui Tam attorney from Tycko & Zavareei, LLP at 202-973-0900 today.
Examples of Student Loan Fraud
Student loan fraud may include:
- Falsifying personal information to obtain federal funds
- Misrepresenting personal information to increase the amount of money given by the government
- Altering official loan documents
- Omitting important information in order to increase funds
- Taking out loans in someone else’s name
- Steering student loan applications to a certain lender in exchange for “kickbacks”
Persons who choose to file a Qui Tam lawsuit to recover funds obtained from the government through fraudulent means may be eligible for a reward of 15%-20% of the money recovered through the lawsuit.
Contact Us
If you have knowledge of student loan fraud, it is important to consult an experienced attorney to discuss your legal options. For help with your case, contact the Qui Tam attorneys of Tycko & Zavareei, LLP at 202-973-0900.
