Federal investigators have raided a Florida campus of vocational school operator Corinthian Colleges Inc. of Santa Ana, according to a company filing with the Securities and Exchange Commission and newspaper reports.
Officials from the federal Education Department and local agencies served warrants on Corinthian’s National School of Technology in Fort Lauderdale earlier this week.
Corinthian said in its filing it was unaware of what investigators were looking for.
A spokeswoman for the Education Department’s inspector general told the Miami Herald the investigators were looking to “identify waste, fraud and abuse of federal education dollars.”
Investigators also raided two other campuses of Florida Career College, which isn’t owned by Corinthian.
Corinthian has been the subject of government probes in Florida and California.
In July, Corinthian agreed to pay $6.5 million to settle a lawsuit filed by California’s attorney general claiming company subsidiaries overstated how many graduates found jobs and how much they were paid.
The company denied wrongdoing in the settlement.
Corinthian runs 94 schools in 24 states and 32 campuses in Canada. The schools offer degrees and certificates in healthcare, automotive, criminal justice, technology and other areas.
