Danville man sentenced in $1.4 million student loan fraud scheme

A Danville man has been sentenced to nine years in prison for committing federal student loan fraud at more than a half-dozen schools including Liberty University.

The U.S. Attorney General say 30-year-old Tyrone Dwayne Young enrolled dozens of individuals in online universities for personal financial gain.

The Court also ordered Young to pay more than $1.1. million in restitution to the U.S. Department of Education and eight colleges and universities including Strayer University, Capella University, Post University, the University of Phoenix, Derry University, Kaplan University, Argosy University and Liberty University.

According to the U.S Attorney General, Young pleaded guilty in November to one count of wire fraud, one count of student loan fraud, and one one count of aggravated identity theft. That charge carried a mandatory sentence of two years.

They said beginning in or about May 2016, Young started using person identifiers of family members and friends to enroll them as students in online universities.

Young created fraudulent student profiles to enroll his victims in online courses of student in order to obtain federal student loans in their names.

Read the full story at ABC-13 WSET.


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