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Federal Contractor Misconduct Database (FCMD)

The federal government routinely awards contracts to companies with histories of misconduct, including contract fraud and other violations. POGO believes that providing this website will help to improve contracting decisions and increase public knowledge of how the government spends billions of taxpayer dollars each year. Read more…

Financial Aid Conflicts of Interest

As part of an ongoing nationwide probe of the $85 billion a year student loan industry, the New York State Attorney General’s Office reached a settlement with Johns Hopkins University addressing improper transactions between financial aid officials and student loan companies. The Attorney General found former Johns Hopkins financial aid director Ellen Frishberg improperly promoted lender Student Loan Xpress, which had paid her more than $65,000 in consulting fees and tuition payments. Under the settlement, Johns Hopkins will pay $1.125 million — $562,500 will be paid into the New York Attorney General’s national education fund to educate college students and their parents about the financial aid process, and $562,500 will be used to implement a similar program to be overseen by the Maryland Attorney General’s office. See related Johns Hopkins University instance, “Failure of Employee to Comply With Ethics Policies.”

Misconduct Type
Ethics
Enforcement Agency
State/Local
Contracting Party
None
Court Type
Administrative
Disposition
Settlement
Date of Announcement
6/14/2007
Contractors Involved Penalty
Total
Johns Hopkins University $1,125,000
Further Information Released
New York AG Press Release 6/16/2007

See also:

Federal Contractor Misconduct Database