GoKawiilDOJ indicts five in 'Operation Ghostbusters' AI student-loan fraud probe
The Justice Department announced indictments stemming from Operation Ghostbusters, a probe into a scheme using stolen identities and AI tools to fake enrollment in online classes and obtain federal student loans. Officials say the government lost over $200 million, with more than 40 open cases spanning 26 FBI field offices and 20 U.S. Attorney's offices; five defendants have been charged and over $750,000 in cryptocurrency seized.