BEAUTY SCHOOL OWNER AND SON SENTENCED IN MANHATTAN FEDERAL COURT FOR EDUCATIONAL GRANT FRAUD – 14 December 2012 – Preet Bharara, the United States Attorney for the Southern District of New York, announced that SIU PING YUEN, owner of the USA Beauty School International, Inc. (“USAB”), and DOMINICK YUEN BONOMOLO, the Financial Aid Administrator of USAB and YUEN’S son, were sentenced today to 18 months and one year and one day, respectively, for their solicitation and receipt of over three million dollars of fraudulent federal financial aid from the Pell Grant Program between 2006 and 2010.

On June 28, 2012, a jury found YUEN and BONOMOLO guilty on all three counts after a one-week trial before U.S. District Judge Loretta A. Preska.

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