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-Lurid Crime Tales-
Axact executive pleads guilty in 'diploma mill' scam
2017-04-09
[DAWN] A Pak man associated with Axact in a senior capacity pleaded guilty on Friday in the US to charges of conspiracy to commit wire fraud in connection with an international "diploma mill" scheme, according to the US Department of Justice (DOJ).

Umair Hamid, 30, admitted to the charges before US District Judge Ronnie Abrams, the US DOJ reported on its website.

"Operating from Pakistain, Umair Hamid helped fraudulently rake in millions of dollars from unwitting American consumers who paid to enroll in, and get degrees from, high schools and colleges that did not exist," Acting US Attorney Joon H. Kim was quoted as saying in the US justice department blurb.

Kim added: "As a result of his fraud, people who thought they were investing in an education received nothing more than worthless diplomas and a harsh lesson in the worldwide reach of deceit."

"Together with our partners at the FBI and the Postal Service, we will continue to work to protect consumers from scams that victimise our citizens," he said.

Hamid, an executive at software firm Axact, was jugged
Keep yer hands where we can see 'em, if yez please!
on Dec 19, 2016, according to a statement by former Manhattan US Attorney Preet Bharara. He was produced in a federal court in Fort Mitchell, Kentucky, the following day.
Posted by:Fred

#2  And this is different than American 'higher learning' awarding useless paper degrees in 'studies' for good attendance and timely paying indenturing student loan money into the institution's coffers? It's all about presentation and 'who you know'.
Posted by: Procopius2k   2017-04-09 08:04  

#1  I would be certain that most of the people that signed up knew it was a fraud.
Posted by: BernardZ   2017-04-09 03:30  

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