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DOJ: Thousands of ‘ghost students’ used AI to steal millions in student loans

DOJ: Thousands of ‘ghost students’ used AI to steal millions in student loans

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Summary

Thousands of fictitious students used artificial intelligence to steal millions of dollars in student loans, the U.S. Department of Justice says. The department provided no further details in the available information.

Details

Thousands of so-called “ghost students” used artificial intelligence to steal millions of dollars in student loans, the U.S. Department of Justice says.

The department describes those involved as fictitious students who used AI in carrying out the alleged abuses. The available information does not specify the total amount of money involved, the number of affected loans, or details about the cases identified.

It is also unclear from the statement which artificial intelligence tools or methods were used. No further information about the investigation or any potential charges was provided.

NEXORA AI — Why it matters

The report points to the alleged use of AI to exploit the student loan system on a large financial scale.

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Read the original publication at Ars Technica