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In 2021, he pled guilty to wire fraud and money laundering charges associated with claiming Paycheck Protection Program loans. [1] [2] [3] In June 2022, Blotnick pleaded guilty in federal court to one count of wire fraud and one count of money laundering (18 U.S.C. § 1341, 18 U.S.C. § 1957).
Unfortunately, Phoenix’s brand, which is best known for hard-sell student loan tactics, fraud, government fines and shareholder lawsuits, is more prominent than U of I’s brand and risks ...
The University of Phoenix is, objectively and factually, a terrible school. According to College Score Card , only 27% of students graduate, leaving nearly three-quarters of the class in default.
The University of Idaho will provide an annual guarantee of $10 million, should the entity set up to run the University of Phoenix be unable to service the $685 million in sub-investment-grade ...
The University of Phoenix was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers in 2019, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School. [ 92 ]
In its lawsuit, filed under Title VII of the Civil Rights Act (EEOC v. University of Phoenix, Inc., and Apollo Group, Inc., CV 06-2303-PHX-ROS), the EEOC charged that the University of Phoenix engaged in a widespread practice of discriminating against non-Mormon employees who worked as enrollment counselors in the University’s Online Division.
The federal government is discharging $37 million in student loans for over 1,200 former students who attended the University of Phoenix. The action applies to borrowers who enrolled in Phoenix ...
The April 2018 indictments specifically charge Dawkins and Adidas consultant Merl Code with conspiring with Gatto to commit wire fraud and pay the aforementioned $100,000 to Bowen's family. [ 9 ] On May 18, 2018, the board of trustees agreed to a $4.5 million settlement with Jurich that cleared him of any wrongdoing and phrased his termination ...