The Post-9/11 GI Bill Fraud Scheme in California is considered the largest scheme of its kind ever.
California Technical Academy CEO and founder Michael Bostock, 54, is facing a 5-year imprisonment charge for swindling the U.S. Department of Veterans Affairs of roughly $105 million. The DOJ stated that the Post-9/11 GI Bill Fraud Scheme orchestrated by Bostock and his accomplices started along the dates of January 2012 to June 2022.
Along with Bostock, his co-conspirators — Eric Bostock and Philip Abod, are also facing charges for their involvement in this Post-9/11 GI Bill Fraud Scheme. They are expected to be sentenced on October 19.
Department of Veterans Affairs, USA. (Veterans Education Success)
The Post-9/11 GI Bill Fraud Scheme Operation in California.
Bostock and his accomplices operated the Post-9/11 GI Bill fraud scheme by falsifying records such as:
- approved courses
- grades
- class attendance
- course completion record
According to the DOJ, Bostock and his partner-in-crimes’ Post-9/11 GI Bill Fraud Scheme Operation, involved using fake phone numbers and contact information to lead the VA off-course. They also reportedly, impersonated students.
$32 million in tuition payments was bagged by the school from nearly 1,800 enrolled veterans in the span of 10 years. Aside from this, the enrolled veterans were given over $72 million in education-related benefits by the government. This Post-9/11 GI Bill Fraud Scheme Operation of Bostock and his accomplices totaled the VA a $105 million dollars loss.
President Biden’s pick for Veterans Affairs Department is in hot waters for not being able to protect the veterans.
