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White collar fraud crimes in college

Students attending college in Virginia will likely be spending a lot of money on university expenses this year. Between books, school supplies, and the fees of classes themselves, college can be a pretty pricy endeavor. This makes it all the more important for students to be aware of the fraud that can take place within higher education.

From the Association of Certified Fraud Examiners comes a report on cases of fraud crimes within higher education. A few examples are as follows:

  • Some professors may order desk copies of textbooks from publishing companies and resell them online for a profit
  • Department heads can funnel department funds into their own personal funds
  • Friends and relatives of deans or other chairpersons may be hired into assistant positions
  • A professor could send the same paper abstract to different conferences to score multiple trips to that country

While many of these primarily impact the institution itself, other fraudulent actions can affect students directly. For example, some reports of fraud stem from tuition costs or federally approved grants.

According to The Century Foundation, college fraud claims have jumped a whopping 29 percent since last year alone. These reports generally come from students who say that they have either been mislead or defrauded by universities or colleges after having applied for loan relief. Universities that are for-profit have the lion's share of these claims.

Students are already dealing with enough financial distress without adding matters of fraud to the pile. Those who have been defrauded by an educational institution or its members still can, and should, fight for rightful compensation.

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