Joe.My.God. LGBT News
From the Justice Department:
Michael Bostock, 54, of Nampa, Idaho, and Eric Bostock, 47, of Riverside, California, each pleaded guilty to one count of conspiracy to commit wire fraud in the U.S. District Court for the District of Columbia.
According to court documents, Michael Bostock was the founder and CEO of California Technical Academy (CTA), a VA-approved, for-profit school that offered technical training programs at three locations in Los Angeles and San Diego. Eric Bostock was CTA’s Director of Student Services. Both were SCOs.
According to court documents, from January 2012 to June 2022, the Bostocks and their co-conspirators made false representations to the VA regarding veterans’ enrollment in CTA’s approved courses of study, class attendance, and grades, and CTA’s compliance with the 85-15 rule.
They also falsified course completion records to make it appear as if enrolled veterans completed their programs, when in fact they had not.
In order to conceal their scheme, the Bostocks and their co-conspirators falsified veterans’ contact information to ensure that regulators could not contact the veterans by substituting phone numbers they and their co-conspirators controlled.
When regulators called the falsified phone numbers to obtain information about CTA, the Bostocks and their co-conspirators would impersonate students.
Between January 2012 and June 2022, when CTA’s VA approval was withdrawn, CTA received more than $32 million in tuition payments for approximately 1,793 enrolled veterans.
During the same period, veterans enrolled in CTA’s VA-approved courses received over $72 million in housing and other education-related benefits.
In total, Michael and Eric Bostock’s scheme to defraud the VA resulted in a total loss of approximately $104,682,860. This is the largest known incident of Post-9/11 GI Bill benefits fraud prosecuted by the department to date.
The pair reportedly falsified enrollment and course completion numbers in order to scheme the agency out of more than $100 million. https://t.co/slciOgYSO8
— ArmyTimes (@ArmyTimes) September 21, 2022