Wednesday, December 13, 2017

A Little Bit Goes a Long Way

It's amazing what criminals can do with just a few bits of incomplete personal data. According to an article published in the Atlanta Business Chronicle, a little bit of information went a long way towards one fraudster gaining $52,000 in student loan funds he...

The Worst of Intentions

Some people can have the best of intentions. For instance, you might remember a month in advance that your spouse's birthday is coming up. You may have the best intention of making fine dining reservations, booking a babysitter and wrapping a special gift. Then...

Student Loan Fraud – A National Problem Gone Global

Title IV of the Higher Education Act of 1965 enables qualified students to receive grants and loans so they can achieve their educational dreams. While government financial aid can help college students to have a better future, it also is an opportunity for...

A Fake Institution

The term ''Diploma Mill'' refers to an unaccredited institution of higher learning that offers a degree, diploma or certificate for a fee. The credential received usually requires little or no work and is generally worthless. According to an article in the San...

50-50 Split

Splitting things ''50-50'' refers to fairness. Each person gets or takes responsibility for an equal share. For example, spouses can divide household chores – one partner does the dishes and the other one takes out the trash on a regular basis....

Lightening Can Strike Twice

According to Argonne National Laboratory, the chance of being struck by lightning once is about 1 in 600,000. The probability of being stuck twice is about 1 in 360,000,000,000. (Provided you survive the first strike.) In the world of identity fraud, once your...

A is for Accountable, F is for Fraud

'Straw students'' are people who sign up for college classes, but do not have the intention of ever attending. The deceptive practice is used to collect financial aid funds, while skipping out on the learning part. (Even a dunce would know that's not a...

Facing Fraud

According to the American Society for Aesthetic Plastic Surgery, nearly $11 billion was spent on more than 10 million cosmetic procedures during 2012. How far will someone go to fund the cost of these procedures (which cost a mint)? United Press International (UPI) posted...

California Dreaming and Scheming

The ''California Dream'' is associated with the notion of becoming wealthy and famous in a short period of time. The idea is linked to the Gold Rush of 1849, where many opportunists traveled West in hopes of ''striking it rich.'' (California, here I come!)...

Identity Crisis

An ''identity crisis'' can occur at any time in life, especially when going through change. The developmental psychology term refers to a point in life where an individual begins to seriously search deep within themselves for answers to questions, such as? ''Why am I...
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