OFFICES


OIG: Office of Inspector General
   Current Section

Investigative Reports

FOR IMMEDIATE RELEASE:
Dyer, Indiana, October 11, 2001

Contact Person
Joseph S. Van Bokkelen
United States Attorney
1001 Main Street, Suite A
Dyer, Indiana 46311

Man Arrested for Student Loan Fraud

The United States Attorney's Office announced that a Grand Jury sitting in Hammond, Indiana, previously returned the following indictment:

NAMON ARNOLD, age 44, who was the owner and operator of the Hammond Academy of Beauty, located in Hammond, Indiana, has been charged with obtaining Pell Grant funds by fraud beginning in December 1992 and continuing until June 1997. Additionally, he was charged with several counts of money laundering as it is alleged he took steps to hide and conceal this source of illegitimate funds. Mr. Arnold was arrested on October 10, 2001 and the indictment was unsealed. Statutory maximum sentence upon conviction for this indictment is 115 years. This charge was filed as the result of an investigation by the United States Department of Education, the Internal Revenue Service, and the United States Postal Inspection Service. This case has been assigned to and will be prosecuted by Assistant United States Attorney Jonathan L. Marks, who can be reached at 219-322-8576 for any inquiries.

The United States Attorney's Office emphasized that an indictment is merely an allegation and that all persons charged are presumed innocent until and unless proven guilty in court.


 
Print this page Printable view Send this page Share this page
Last Modified: 03/02/2005