Fast Train Scams Students

//Fast Train Scams Students

Julie B

Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

Fast Train College may have had, “Get on the Fast Train!” as its jingle but it certainly wasn’t assumed by those hearing it that it meant get on the fast train to debt and fraud. The school ran seven campuses at one point and had ties to a congressman. It offered courses in computer and medical training and promised its students a whole new life free of economic disparity and struggle. This criminal conspiracy came to an end when a federal indictment was filed accusing Fast Train of defrauding the government and ripping off students and taxpayers.

The indictment claims that Fast Trains track to success was, in reality, only the quick way to land yourself in hot water and didn’t provide its students with any usable education as the majority of students lacked the previous education necessary to even enroll or receive federal funding. Students were coerced and coached to lie on federal applications in order for Fast Track to fast track its bankroll.

The computer courses which promised students value laden, current education were completed on equipment and software so outdated it had not been used in the industry for years. Students were lied to and told they weren’t taking out, or wouldn’t have to take out any loans for their educational opportunity but would have access to scholarships and grants. How this was possible when most had not graduated from high school and had no diploma or GED equivalency is quite the miracle. Students were unknowingly signing up for loans or couldn’t even read the applications well enough to know what they were committing to and were coached at what to put in each box on the applications. Students ended up with non-existent education and staggering amounts of debt they had no hope of paying.

Alejandro Amor, CEO, wasn’t worried…he was living the highlife like he just won the lottery. He and his family were sharing their great fortune with the world by posting their fabulous vacation photos at luxurious destinations, showing off how great they looked in their Jaguar, luxury yacht, or at their waterfront home. Don’t forget the private plane to get to all these fantastic places, people this rich just don’t take commercial flights. Their students, on the other hand, would be struggling to put food on the table for years to come.

The FBI with its indictment and lawsuit were trying to tear down those ill-gotten gains and get their hands on all of these wonderful assets which were paid for off the backs of the taxpayers. Additional charges were filed against admissions representative, Anthony Mincey, and admissions representative, Jose Gonzalez for their participation in the grand scheme.

Government regulation requires that all students entering such programs have a high school diploma or equivalency in order to receive funding from its federal programs. This proved rather easy to overcome for fraudsters at Fast Train; it simply manufactured documents where necessary, told students they were taking an equivalency exam, and handed them their fictitious Cornerstone Christian Academy diplomas. In total, it was discovered that 1,300 students enrolled in the program didn’t have the required previous education.

This added up to over $6.5 million in federal financial aid and Pell grants, not including moneys from other programs, private student loans, or cash payments received. One such campus would get its admisions representatives to drive around low-income neighborhoods and coerce people into getting into their cars. Students were brought back to campus to sign up for school because they had just been told they would receive high quality education and lucrative jobs and be on the Fast Track to success. Many of these students couldn’t read or write in English, couldn’t write their own names, or even had government issue identity cards.

If you have questions or comments, please chat in the comments below or on the ChallengeStudentDebt Twitter handle.

If you feel you were defrauded by the school you attended or you are being treated poorly as a distressed borrower by your creditors, take the free challenge debt review to find out what options you have regarding your student loans.

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief


    Tell Us About Your Situation

    Hardship Form
    Sending

    By entering phone number and email you're acknowledging that you will receive communication from Challenge Student debt regarding your student loan relief options via text, email and phone.  Help is on the way.

    *Please note that all calls with the company may be recorded or monitored for quality assurance and training purposes. Challengestudentdebt offers enrollment in programs that best fits the consumers needs. Not all debts are eligible for enrollment; client must be in financial hardship to enroll. If client decides on enrolling in debt settlement, clients who are able to stay with the program and get all their debt settled realize approximate savings of 50% before fees. Fees are typically half of the monthly payment required by creditor. Maximum fee is 20% of debt enrolled, for a maximum of 24 months. Not all clients complete the program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. The program does not guarantee that you will be debt-free within a specific period of time. The company does not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating. The program may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. However, negotiated settlements the company obtains on your behalf resolve the entire account, including all accrued fees and interest. In addition the company will provide a contracted attorney if required.

    Or Call Now: 855-980-6818

    Privacy Policy

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Meet Attorney Binh Bui

    Binh Bui Private Student Loan Hardship Program
    Attorney Binh Bui, is an active member of the California Bar and has been involved in developing and managing debt relief programs for over ten years.  Over the past three years he saw that many individuals struggling with their monthly payments on their Private Student Loans were not being provided many relief options by their creditors and had very limited options for help.

    Because of this, he developed a Private Student Loan Relief Program for individuals going through financial hardship, creditor harassment and legal threats.  The program works to get individuals who qualify a significant reduction in debt, interest and payments.

    *the program developed by Binh Bui is managed by a company and is not a law firm.  Binh Bui is involved in that company

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief Based On Education Fraud

    Get Started With FREE Private Student Loan Review!

    fb form - challenge
    Sending

    Prefer Phone Review? Call Now: 866-605-7167

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief On Your Private Loans

    Get Started With A Review Via Text Now!

    Name, Phone, Zip
    Sending

    Prefer Phone Review? Call Now: 855-980-6818

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Relief Programs

    Get Started With A Review Now!

    site form - challenge
    Sending

    Prefer Phone Review? Call Now: 855-980-6818

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief On Your Private Loans

    Get Started With A Review Via Text Now!

    Name, Phone, Zip
    Sending

    Prefer Phone Review? Call Now: 855-980-6818

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Find Out If You Qualify For Hardship Relief Based On Education Fraud

    Get Started With A Review Via Text Now!

    Name, Phone, Zip
    Sending

    Prefer Phone Review? Call Now: 866-605-7167

    By entering phone number you’re acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text and phone. Your information will not be passed or sold to any 3rd parties

  • Julie B

    Julie has seen first hand how for-profit schools have deceived and defrauded many for monetary gain.She writes about the for-profit school space to provide some insight on the current state of the industry.She has been writing for ChallengeStudentDebt.com for over a year.

    Start Your Student Debt Challenge Review

    site form - challenge
    Sending

    By clicking, “Start Challenge Review” you are acknowledging that you will receive communication from Challenge Student debt regarding your student loan options via text, email and phone. Your information will not be passed or sold to any 3rd parties