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Nelnet, Citigroup, JPMorgan Chase implicated inside the lawsuit

Some other whistleblower’s suit submitted facing Nelnet accuses this new Lincoln-created student loan team of conspiring with financial giants Citigroup and you can JPMorgan Chase to track down normally funds from government education loan programs because they you can expect to by the misleading borrowers and you can offering inducements one violated federal regulations.

“I need the part just like the a lender very certainly and therefore are confident all of our company techniques possess complied towards the (federal) Higher education Operate,” told you Kiser.

Originally recorded from inside the 2007, this new suit try launched a week ago inside the U.S. Area Court into the Omaha, following government picked to not intervene alone account in the event.

That means the filer, previous Nelnet staff Rudy Vigil, was suing on his own to track down triple injuries because a great whistleblower getting himself while the bodies.

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The new lawsuit lists Vigil since residing in Texas, but he could not discover. Read More