Brazilian Police Arrest Private University Owners for R$500 Million Fraud Scheme

Among the students who paid for places and loans are children of farmers, civil servants, politicians, businessmen and friends of university owners. Throughout the investigations, the PF identified threats made by the university owner to students who made the denunciations.

RIO DE JANEIRO, BRAZIL - The Federal Police (PF) launched Tuesday morning, September 3rd, Operation 'Vagatomia', which investigates a fraud scheme in the concession of student loans from the Federal Government (FIES) and in the sale of places and transfers of students from abroad to the course in Medicine offered by Universidade Brasil, in Fernandópolis, in the interior of São Paulo State.

The PF is further investigating fraud in the University for All Program (ProUni) scholarships and in courses to prepare for the Revalida exam, for diploma revalidation.

Initial estimates suggest that, in the past five years, approximately R . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?