[AXACT] Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions

[Pleasant]

Axact makes tens of millions of dollars annually by offering diplomas and degrees online through hundreds of fictitious schools. Fake accreditation bodies and testimonials lend the schools an air of credibility. But when customers call, they are talking to Axact sales clerks in Karachi.

Full Article here
http://www.nytimes.com/2015/05/18/w...t-reaps-millions-columbiana-barkley.html?_r=0

Similar Article here

Axact is allegedly involved in selling fake online degrees, certificates and diplomas worth tens of millions of dollars each year, reports Declan Walsh of New York Times.

Citing few unnamed sources and one named source identified as Jamshaid, who had worked with Axact in past, the paper reports that Axact has hundreds of extremely good looking websites of bogus universities with paid actors doing demos and intros. Report alleges that Axact charges thousands of dollars for degrees that mean nothing but a piece of paper.

http://propakistani.pk/2015/05/18/axact-sells-fake-online-degrees-worth-millions-of-dollars-nyt-alleges/

Ab Samajh Aya k Axact walon ko EXACT ki spelling sahi Q nahi ati :crazy:



Axact Defamation Response


Axact’s official response to an article published by New York Times reporter in collaboration with its local partner Express Media Group and some other media outlets to hurt the success of BOL (Express Media Group publishes International New York Times in Pakistan).

This is regarding a defamatory article published by New York Times (NYT) regarding Axact.

Axact condemns this story as baseless, substandard, maligning, defamatory, and based on false accusations and merely a figment of imagination published without taking the company’s point of view. Axact will be pursuing strict legal action against the publications and those involved.

http://www.axact.com/defamation-response/

 

[neox3d]

wow! just wow!

 

[StrikerX]

Not surprising, they're shady + shit load of $$$

Sent from my Nexus 5 using Tapatalk

 

[sinnersaint]

WTF...someone had told me that they are involved in the porn site business as well... and now this..WOW...just fantastic...

 

[MonoQ]

^^ u r right....that is true..and they are shady.
but i guess in these times..shady stuff gets u more money.

 

[Pleasant]

Not surprising, they're shady + shit load of $$$

Sent from my Nexus 5 using Tapatalk

yep they were famous about lots of stories but no concrete evidence there let see how things turn around for BOL

 

[Ranger Taffles]

Investigative journalism done right. It's amazing how smartly they are shady about this. Declan Walsh clean BOLed the Axact group.

 

[Blastwave]

Investigative journalism done right. It's amazing how smartly they are shady about this. Declan Walsh clean BOLed the Axact group.

That lame pun

 

[Pleasant]

Sidra Iqbal :
Ok much madness amd virality over ‪#‎Axact‬ story BUT an important aspect we are ignoring is that the piece is by Declan Walsh. Not defending Axact but most of Walsh's investigative journalism is motivated to unearth and spew slander on Pakistan. Just google him. In the said piece about Axact I have serious reservation about him stating the two possible supporters of Bol to be: 'Pakistan Military OR organised crime' (Paragraph about Shoaib Siddiqui clearing Bol ownership accusations). What is he trying to construe? Also Walsh is a close associate of many previously lead media groups of Pakistan. Prior to Elections 2013, Walsh who had been residing in Pakistan for 9 years was expelled from the country on account of involvement in undesirable activities

 

[Zeus MK]

Some damned outsider/insider posted a blog not considering how seriously this will put a blemish on the name of Pakistan (not only a single company) without proofs.

 

[Radical]

This is true.

 

[NaNoW]

@Chandoo : any insight into this

 

[iNF3RN0]

I am not surprised, after all it's Axact!

 

[NaNoW]

by dawn....

A detailed NYT report titled, "Fake Diplomas, Real Cash: Pakistani Company Axact Reaps Millions" written by New York Times Pakistan Bureau Chief Declan Walsh has outlined how local IT company Axact - referred to as the "secretive Pakistani software company" - allegedly earned millions of dollars from scams involving fake degrees, non-existent online universities and manipulation of customers.

The investigation asserted that Axact was involved in issuing fake degrees at a massive, global scale. It also raised questions about the funding by which the company was launching its upcoming media group Bol, referencing, "accusations by media competitors that the company is being supported by the Pakistani military or organized crime."

Responding to the New York Times' (NYT) article, Axact issued an official response on its website, terming the story "baseless".
"Axact condemns this story as baseless, substandard, maligning, defamatory and based on false accusations and merely a figment of imagination published without taking the company’s point of view. Axact will be pursuing strict legal action against the publications and those involved," said the company's response.

They also claimed local media groups Jang and Express were running a "defamation campaign" against Axact and Bol.
The response also alleged that Declan Walsh had devised a "one-sided story" without taking any input from the company.

"A last-minute, haphazard elusive email was sent to the company demanding an immediate response by the next day to which the attorney for Axact responded."
The response also stated that, "in an exemplary display of poor journalistic skills and yellow journalism, the writer quoted references from several imaginary employees to corroborate accusations made out of thin air."
Axact uploaded a detailed legal notice sent to NYT.

Aside from the release of its main report, NYT also published a separate post titled "Tracking Axact’s Websites" which listed "the sites for fictitious high schools and universities" that Axact is said to be running.

Explaining its investigation, the report stated that, "Some of the details came from interviews with former employees of Axact, who identified roughly 50 sites, along with servers used by the company and blocks of custom website coding it developed. Starting from the list of employee-identified sites, The Times scoured the Internet for other sites that included similar technical details, servers, content and supporting links.

More than 370 sites included at least some of those identifying components".
Read the detailed NYT article here.
Read the list of alleged Axact-run sites here.

dont we have 3 or 4 guys who work or used to work for axacT?

 

[Pleasant]

Axact Defamation Response


Axact’s official response to an article published by New York Times reporter in collaboration with its local partner Express Media Group and some other media outlets to hurt the success of BOL (Express Media Group publishes International New York Times in Pakistan).

This is regarding a defamatory article published by New York Times (NYT) regarding Axact.

Axact condemns this story as baseless, substandard, maligning, defamatory, and based on false accusations and merely a figment of imagination published without taking the company’s point of view. Axact will be pursuing strict legal action against the publications and those involved.

Axact Official Response to Defamation Campaign

 

[Radical]

Chandoo works for Axact?!

 

[cobby]

Dude i have a friend in axact who is senior manager now , he told me on my face that axact sells fake degrees as their main source of income , 2nd thing they do is build mobile apps which brings 2nd major share of their income and soon to over take their fake degree reveune share , and the 3rd which they were famous for pornography brings little or no income for them now

 

[cobby]

Chandoo works for Axact?!

unless he is in sales or marketing he wont have the inside information about the business , i had some IT guyz in axact to they didnt knew jack shit about the shady business of axact ,

 

[Pleasant]

Dude i have a friend in axact who is senior manager now , he told me on my face that axact sells fake degrees as their main source of income , 2nd thing they do is build mobile apps which brings 2nd major share of their income and soon to over take their fake degree reveune share , and the 3rd which they were famous for pornography brings little or no income for them now

one of my Childhood friend also told me the same he worked there for 2 years

 

[Chandoo]

yo guys da fuck is going on here