May 13, 2005
Guilty Plea Entered in Loan-Fraud Case
A former president of William Tyndale College pleaded guilty last week to charges that he had used fraud to obtain hundreds of thousands of dollars in federal financial aid for students at a technical institute that he jointly owned.
James C. McHann, the former president, admitted that he had obtained Pell Grants, Stafford Loans, and other federal loans for students at the for-profit Tyndale Technical Institute by fraudulently identifying them as students of William Tyndale, a private
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