FBI Seizes $3 Million From Owners of Orange County Nursing College in Fraud Probe
Accusing the owners of Pacific College, a private Orange County nursing school, of operating a brazen student financial aid scam, the U.S. Department of Justice is seeking legal ownership of more than $3 million FBI agents recently seized following a corruption probe.
“Beginning in November 2012 and continuing through the present day, the FBI, the United States Department of Education and the California Department of Consumer Affairs have been investigating a financial fraud scheme by which a private, for-profit nursing school in Costa Mesa called Pacific College sought to and did defraud the Department of Education of federal student aid [FSA] funds,” law enforcement officials alleged this week inside Orange County’s Ronald Reagan Federal Courthouse in Santa Ana. “The government’s investigation revealed that Pacific College, among other things, inflated grades, falsified attendance records and passed students through its nursing program in a manner that maintained a false standard of academic progress that kept students enrolled in the program and sustained the flow of incoming FSA funds.”
According to Assistant United States Attorney Steven R. Welk, “Pacific College is also believed to have unilaterally increased tuition rates for various students in order to eliminate refunds to the students, which resulted in Pacific College retaining more of the FSA funds than it was legally entitled to retain.”
The FBI seized funds from bank accounts tied to college officials William L. Nelson and his wife Ila; William O. Woo and his wife Donna Leung; Marcus B. Tromp; and Jennifer K. Woo, the forfeiture complaint states.
Read more: https://www.ocweekly.com/fbi-seizes-3-million-from-owners-of-orange-county-nursing-college-in-fraud-probe/
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