Business Owner Goes To Prison For Defrauding Veterans’ Post 9/11 GI Bill For More Than $24 Million

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Alvey has a real problem in that he conceals the true nature of the courses from the government. Meanwhile, thousands of veterans enroll in the online courses believing they are legitimate.  In the end, the United States Government pays more than $24 million in tuition benefits for the bogus courses.

“Today’s action should serve as a warning to anyone who intentionally steals or misappropriates federal student aid for their own selfish purpose: you will be caught and held accountable for your criminal actions,” said Debbi Mayer, Assistant Special Agent in Charge of the U.S. Department of Education Office of Inspector General’s Eastern Regional Office. “As the law enforcement arm of the U.S. Department of Education, we will continue to aggressively pursue those who misappropriate student aid funds for their own purposes. America’s veterans and taxpayers deserve nothing less.”

In addition to the prison term, Alvey must serve three years of supervisory release. And finally, he must also pay restitution in the amount of $24,024,465.65.

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