Online education appears to be a growing target for financial aid fraud, The Arizona Republic reported. Authorities have uncovered three schemes In the last three years at Rio Salado College, an online campus of the Maricopa Community Colleges, and those schemes involved hundreds of thousands of dollars. The Apollo Group, the parent company of the University of Phoenix, has referred 850 potential fraud cases to federal authorities since 2009, and about 25 of those cases have been prosecuted.
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