Education Management Corporation Accused of Widespread Fraud

Aug 8, 2011 Full story: www.nytimes.com

The Department of Justice and four states on Monday filed a multibillion-dollar fraud suit against the Education Management Corporation , the nation's second-largest for-profit college company, charging that it was not eligible for the $11 billion in state and federal financial aid it had received from July 2003 through June 2011.

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Since: Aug 10

Atlanta, GA

#3 Aug 9, 2011
<<<The Department of Justice and four states on Monday filed a multibillion-dollar fraud suit against the Education Management Corporation , the nation's second-largest for-profit college company, charging that it was not eligible for the $11 billion in state and federal financial aid it had received from July 2003 through June 2011.>>>

Corporations keep stealing taxpayer dollars.

Since: Jan 12

Location hidden

#5 Feb 2, 2012
proper action should be taken against fraud,the government should take appropriate action aginst frauders.

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