The Trump administration has just Blocked a whopping $150 million in Fraudulent Loans going out to Education
This comes after "ghost students" in California caused 33% FRAUDULENT applications and millions in lost tax dollars
By News on the Net -- Eric Daugherty—— Bio and Archives--June 20, 2026
News in Brief—News Headlines | Comments | Back To Full Article
California is the world capital of FRAUD!
"We have turned education in this country into a piggy bank for the worst people you can imagine, and the Biden administration did nothing about this!"
"Nothing for four years. Secretary McMahon has been one of the most important anti fraud warriors in the entire federal government. She's partnered with the task force to shut this down."
"Just in the last couple months, they've already blocked $150 million of fraudulent loans from going out the door. They've discovered other loans that the Biden administration let out the door to the tunes of tens of millions of dollars that we are going to prevent."
???? JUST IN: The Trump administration has just BLOCKED a whopping $150 million in FRAUDULENT LOANS going out to Education
— Eric Daugherty (@EricLDaugh)June 20, 2026
This comes after "ghost students" in California caused 33% FRAUDULENT applications and millions in lost tax dollars
California is the world capital of FRAUD!… pic.twitter.com/73J4DPPyOQ
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