Prosecutors say Michael Bostock, the founder of California Technical Academy, faked records and impersonated students to swindle the VA.
The founder and chief executive officer of the defunct California Technical Academy in Riverside has been sentenced to five years in federal prison for scamming $105 million in the largest post-9/11 GI Bill fraud case at the Department of Veterans Affairs.
Information was not immediately available regarding the relationship between Michael and Eric Bostock. To conceal their scheme, Bostock and the other defendants falsified veterans’ contact information by substituting phone numbers purchased in bulk that would ring a cellphone they controlled to ensure regulators could not contact the veterans.
The memorandum says Bostock fleeced the government to expand the two-year college and provide his wife, stepdaughter and brother with employment.
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