Submitted by Daniel Drew via Dark-Bid.com [3],

When it comes to world traveling, nothing beats the sights and sounds of Pakistan. While traveling through the country, you might stumble upon [4] a Navy SEAL mission to kill the most wanted terrorist in the world, get acid thrown in your face [5], or earn a diploma from a fake American university. One person from Saudi Arabia paid $400,000 for various degrees and certificates. Generally, counterfeiting signals strong demand for a product. However, with less and less people [6] with college degrees actually getting jobs, eventually, you'll look at the rich Saudi who blew $400,000 on a fake degree and the unemployed American graduate and wonder, "What's the difference?"
As The Daily Mail [7] reports:
A Karachi-based IT company, Axact, has been accused by software agencies of operating 370 bogus institutions. The company's fake education empire encompasses hundreds of high-schools and universities with mostly American names. At least 370 fictitious high-schools and universities operated by Axact were discovered by an American media group. The firm, with a team of over 2,000 employees who are mostly educated youth in Karachi, creates fraudulent websites, mainly using deceptive tactics.
One of the "schools" is Barkley University [8]:
The American version of Axact is Corinthian Colleges. The "Heald" branch gamed its job placement numbers to attract students. The LA Times [9] reported:
Heald considered graduates "placed" in jobs they had well before they enrolled. At Heald's Honolulu campus, staff members considered a 2011 accounting graduate to be "employed in the field" based on a food service job she had at Taco Bell since 2006.
Everest College, another Corinthian subsidiary, created fake jobs [10] to boost their employment numbers. The college paid contractors $2,000 to hire graduates for 30 days. Corinthian filed for bankruptcy [11] earlier this month, and 78,000 students [12] are requesting loan forgiveness from the federal government.
Apparently, part of the secret Trans-Pacific Partnership agreement is exporting our educational fraud to Pakistan. And thanks to free trade [13], consumers around the world can benefit.
Here's one guy who wasn't buying degrees from the Pakistanis:
