What was Axact accused for?
What was Axact accused for?
He had pleaded guilty on April 6, 2017 to conspiracy to commit wire fraud. In January, Chief justice Mian Saqib Nisar had taken suo motu notice of the Axact fake degree scandal after international news reports said over 3,000 UK citizens had purchased fake degrees from Axact in 2013 and 2014.
Who is owner of Bol news?
BOL Network (Urdu: بول نیٹ ورک) is a media conglomerate based in Karachi owned by Shoaib Ahmed Shaikh who also served as the CEO and chairman of the media network.
Is Shoaib Ahmed Shaikh in jail?
Shoaib Ahmed Shaikh also known as SAS (born April 17, 1971) is a Pakistani businessman and mediamogul. He is the founder of 24-hour news cycle network named BOL Network….
| Shoaib Ahmed Shaikh | |
|---|---|
| Penalty | 7 years in state prison, plus 13 years probation and a $5 million fine |
What is Axact scandal?
Axact sold over 200,000 fake degrees in Gulf countries. More recently, Axact employees have impersonated Emirati government officials in an effort to extort “legalisation fees” from unsuspecting fake degree and diploma holders in that country. All the suspect certificates were found to be from Axact.
Who is Axact and what do they do?
Axact ( Urdu: ایگزیکٹ ) is a Pakistan software company that runs numerous websites selling fraudulent academic degrees. The company also owns the media company BOL Network
Who is the owner of BOL Network Axact?
The company also owns the media company BOL Network 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.
How to contact us-Axact headquarters building 39-C?
Contact Us – Axact Headquarters Building 39-C, Shahbaz-Sehr Commercial Lane 2, DHA Phase 6, Shahbaz Commercial Area, Karachi. Contact No: (021) 37-132-928 Email: [email protected] www.axact.com You can also send us your query online. Provide the necessary information along with your feedback.
How many employees does Axact have in the world?
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.