DOJ Announces Arrests in Multi-State FAFSA Fraud Investigation

The Justice Department has announced charges and arrests in "Operation Ghostbusters," a multi-state investigation into federal student aid fraud involving "ghost students." Investigators seized over $750,000 in cryptocurrency, with the potential scale of fraud exceeding $200 million. The Education Department has implemented new fraud-detection tools for FAFSA, reportedly preventing over $2 billion in attempted fraud, underscoring efforts to protect federal financial aid programs.