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Axact
Axact ( ur, ) is a Pakistan software company that runs numerous websites selling fraudulent academic degrees. The company also owns the media company BOL Network. History Axact was founded by Shoaib Ahmed Shaikh, who serves as its chairman. It is based in Karachi, and has over 2,000 employees. According to Shaikh, the company was founded in 1997 with fewer than 10 employees working in a single room. In 2013 he said Axact was the world's leading IT company and that it had eight broad-business units and products, more than 5,200 employees, and associated globally and as many as 8.3 million customers worldwide. The company website said in 2015 that the company had 10 diverse business units that offer more than 23 products, more than two billion users, and a global presence across 6 continents, 120 countries and 1,300 cities with more than 25,000 employees and associates. According to Securities and Exchange Commission of Pakistan records, the company was registered in June 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Axact
Axact ( ur, ) is a Pakistan software company that runs numerous websites selling fraudulent academic degrees. The company also owns the media company BOL Network. History Axact was founded by Shoaib Ahmed Shaikh, who serves as its chairman. It is based in Karachi, and has over 2,000 employees. According to Shaikh, the company was founded in 1997 with fewer than 10 employees working in a single room. In 2013 he said Axact was the world's leading IT company and that it had eight broad-business units and products, more than 5,200 employees, and associated globally and as many as 8.3 million customers worldwide. The company website said in 2015 that the company had 10 diverse business units that offer more than 23 products, more than two billion users, and a global presence across 6 continents, 120 countries and 1,300 cities with more than 25,000 employees and associates. According to Securities and Exchange Commission of Pakistan records, the company was registered in June 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BOL Network
BOL Network ( ur, ) is a media conglomerate based in Karachi owned by Shoaib Ahmed Shaikh who also served as the CEO and chairman of the media network. According to Declan Walsh Bol Network was under the auspices of the fake diploma mill Axact. The media group was supposed to incorporate television, digital media, cinema and theater as well as digital media, but when the parent company of Bol, Axact, was unmasked as a diploma mill selling fake degrees Pakistan Electronic Media Regulatory Authority revoked the licence that it had awarded BOL, and the network was not even able to start transmission. Pakistani journalist Kamran Khan was appointed as the editor in chief, but he quit after the Axact scandal surfaced and stated that his conscience did not let him be affiliated with such a network. Bol News launched regular live transmissions on 18 October 2016. The Pakistan Electronic Media Regulatory Authority revoked its license on September 5, 2022 due to the channel failing t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shoaib Ahmed Shaikh
Shoaib Ahmed Shaikh also known as SAS (born 17 April 1971) is a Pakistani businessman and convicted felon. He is the founder of 24-hour news cycle network named ''BOL Network''. He also founded diploma mill company Axact. Early life Shoaib was born on 17 April 1971 in Karachi, Sindh to middle-class family. His father was a Sindh High Court lawyer who also served some years as the principal of the Islamia College. Shaikh has four siblings. Career Founding BOL Network (2013) In June 2013, Shoaib Ahmed Sheikh started a Pakistani 24-hour news cycle network named BOL Network. According to him, BOL Network was meant to create an independent media house to portray a soft image of Pakistan. The company also announced a television set brand by the name of BG. Arrest Following the publication of the New York Times article, Pakistan's Interior Minister directed the country's Federal Investigation Agency to begin inquiry into whether the company was involved in any legal busine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belford University
Belford University was an organization that offered online unaccredited degrees for "life experience". The organization maintained a post office box in Humble, Texas, but its certificates were mailed from the United Arab Emirates. Along with many similar websites, it was owned by the Karachi-based company Axact, the main business of which, according to an investigation by ''The New York Times'', is "to take the centuries-old scam of selling fake academic degrees and turn it into an Internet-era scheme on a global scale". In July 2018, Shoaib Ahmed Sheikh, the CEO of Axact was arrested and sentenced to prison for 20 years for his role in perpetuating this scam. On August 31, 2012, Belford University was shut down and its alleged founder, Salem Kureshi, "ordered to pay $22.7 million in damages". "The judgment established the truth of allegations that Belford High School and Belford University are fake schools that do not actually exist." Court documents from ''McClusley v. Belford U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rochville University
Rochville University was an online diploma mill offering a "Life Experience Degree, and Certificate Program" without coursework or prior transcript evaluation. The State of Texas classified it as an "illegal supplier of educational credentials" whose degrees may not be used in Texas. The Oregon Office of Degree Authorization lists it as "fake". Its operation is believed to be centered in Pakistan, and its diplomas and degree certificates have been mailed from Dubai, United Arab Emirates.Dog Earns Online MBA GetEducated.com, September 21, 2009 Along with many similar enterprises, it is owned by the based company, |
Diploma Mill
A diploma mill (also known as a degree mill) is a company or organization that claims to be a higher education institution but provides illegitimate academic degrees and diplomas for a fee. The degrees can be fabricated (made-up), falsified (fake), or misrepresented (practically useless). These degrees may claim to give credit for relevant life experience, but should not be confused with legitimate prior learning assessment programs. They may also claim to evaluate work history or require submission of a thesis or dissertation for evaluation to give an appearance of authenticity. Diploma mills are frequently supported by accreditation mills, set up for the purpose of providing an appearance of authenticity.Luca LanteroDegree Mills: non-accredited and irregular higher education institutions, Information Centre on Academic Mobility and Equivalence (CIMEA), Italy. The term may also be used pejoratively to describe an accredited institution with low academic admission standards an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Almeda University
Almeda University was an educational accreditation, unaccreditedUnaccredited Post-Secondary Educational Institutions , Maine state government For-profit higher education in the United States, for-profit Online education, online university registered on the Caribbean island of Nevis. It offered illegitimate degrees including online certificate programs, general "Life Experience Degrees", and doctorates in religion and theology. Almeda was accredited by the Council for Distance Education Accreditation, the Interfaith Education Ministries (IEM), and the Association for Online Academic Excellence (AOAEX), none of which were recognized by the United States Department of Education or the Council for Higher Education Accreditation. Almeda University is widely regarde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Karachi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wire Fraud
Mail fraud and wire fraud are terms used in the United States to describe the use of a physical or electronic mail system to fraud, defraud another, and are Federal crime in the United States, federal crimes there. Jurisdiction is claimed by the federal government if the illegal activity crosses interstate or international borders. Mail fraud Mail fraud was first defined in the United States in 1872. provides: Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, or to sell, dispose of, loan, exchange, alter, give away, distribute, supply, or furnish or procure for unlawful use any counterfeit or spurious coin, obligation, security, or other article, or anything represented to be or intimated or held out to be such counterfeit or spurious article, for the purpose of executing such scheme or artifice or attempting so to do, places in any post ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Software Companies Established In 1997
Software is a set of computer programs and associated documentation and data. This is in contrast to hardware, from which the system is built and which actually performs the work. At the lowest programming level, executable code consists of machine language instructions supported by an individual processor—typically a central processing unit (CPU) or a graphics processing unit (GPU). Machine language consists of groups of binary values signifying processor instructions that change the state of the computer from its preceding state. For example, an instruction may change the value stored in a particular storage location in the computer—an effect that is not directly observable to the user. An instruction may also invoke one of many input or output operations, for example displaying some text on a computer screen; causing state changes which should be visible to the user. The processor executes the instructions in the order they are provided, unless it is instructed to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marketplace (Canadian TV Program)
''CBC Marketplace'' is a Canadian investigative consumer program which has been broadcast on CBC Television since 1972. The program investigates consumer reports on issues such as product testing, health and safety, fraudulent business practices, and also tests government and industry promises. History The program was influential in the banning of urea formaldehyde foam insulation and lawn darts in Canada, the legislation of warnings on exploding pop bottles, successful prosecution of retailers for false advertising, new standards for bottled water and drinking fountains, new regulations to make children's sleepwear less flammable, and the implementation of safer designs for children's cribs. In recent years, the program's reporting has exposed the illegal dumping and burning of Canadian plastic recycling in Malaysia, the sale of fake university degrees to Canadian professors and social workers, and its hidden camera investigations documented hygiene issues in hospitals, mis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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