Woman Arrested in Student Loan Scheme

After officials were able to gather enough evidence against her, Carla Ann Brennan was arrested for stealing nearly $262,000 in student loans.

Brennan, 63, devised a scheme wherein she claimed to help students obtained the student aid they need for college. Instead, she would take the money that they gave her to pay off the $80,000 debt she and ex-husband, Anthony, owed for tax fraud. Between August and December 2007, Brennan took the personal information of several students and asked them to sign documents that they could not understand. When the students did receive their loan checks, a second person was listed on them.

That second person was actually a false ID that enabled Brennan to funnel the money into her own account. When the students asked who the second person was, she would tell them that it was another student that she had helped before. Brennan is now being charged with multiplewhite collar crimes, including money laundering in excess of $150,000 and property loss over $150,000, both of which are felonies.

Contact us to discuss your felony white collar crimes case with a Riverside criminal defense lawyer who can offer legal assistance.