Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Axact scam: NYT reporter makes more disclosures
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > Top News > Axact scam: NYT reporter makes more disclosures
Top News

Axact scam: NYT reporter makes more disclosures

Web Desk
By Web Desk Published May 21, 2015 3 Min Read
Share
SHARE

New York: Declan Walsh, the New York Times reporter who unearthed Pakistani IT company Axact’s global fake degree empire, has made some more disclosures in his recent article.

The article started with a question: Just how was Axact, a company that billed itself as Pakistan’s biggest software firm but seemed to have few products, making its money?

“Despite Axact’s claims, nobody seemed quite sure what sort of software the company was selling, or to whom,” Walsh writes in his article.

The reporter writes that he spent three months putting together the story of Axact’s selling of fake academic degrees and how the company strengthened its ‘business’.

He claimed that former Axact employees were key elements to his reporting.

“One, speaking by phone from Karachi, confided that the company’s main business was in fake degrees. He listed a handful of bogus universities — with names like Belford, Rochville and Must — that a quick Internet search confirmed had already faced accusations of providing fake certificates.”

He said Yasir Jamshaid, a disillusioned former quality control official at the company, who had fled Pakistan to the United Arab Emirates.

He claimed that he carried out his investigation through chasing former employees, trawling through newspaper clippings, company registrations on blogs, Internet registration services and court records.

“A picture started to emerge: Axact looked like a company that had gone to great efforts to shield its involvement in the fake degree business; it had done so principally through an elaborate web of interconnected offshore companies used to process revenues and payments and, above all, to keep the Karachi headquarters at arm’s length from Axact’s Internet empire.”

He said patterns of fake degree websites and crumbs of hundreds of fake education websites pointed toward Axact.

Following publication of his story, Interior Minister, Chaudhry Nisar Ali Khan, ordered an investigation into Axact. Hours later, officials raided Axact headquarters in Karachi and a smaller office in the capital, Islamabad, seizing computers and detaining at least 30 employees for questioning.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Pakistani squash Ashab Irfan

Ashab Irfan Wins Johns Creek Open Squash Title in Thrilling Final

Google Australia fine

Google Fined $35.8M in Australia for Anti-Competitive Search Deals

Sydney Sweeney Americana

Sydney Sweeney’s Americana Flops at Box Office Amid Controversy

Post Archives

More Popular from Photonews

Man United Vs Arsenal
Sports

Premier League 2025/26 Kicks Off with Arsenal vs. Man United Showdown

3 Min Read
Dow Jones record high 2025
Sports

Dow Jones Nears Record High Amid Strong Earnings and Easing Global Tensions

2 Min Read
Southern Europe wildfires 2025
Top NewsWorld

Wildfires Ravage Southern Europe, Prompt Evacuations and Fatalities

3 Min Read
Top NewsWorld

Trump-Putin Alaska Summit 2025: A Listening Exercise for Peace

On August 12, 2025, the White House described the upcoming summit between U.S. President Donald Trump…

August 13, 2025
TechTop News

Trump Meets Intel CEO Lip-Bu Tan After Seeking Resignation

U.S. President Donald Trump met with Intel CEO Lip-Bu Tan just days after publicly calling for…

August 12, 2025
Top NewsWorld

US Cancels India Trade Talks Amid Tariff Tensions, Delays Bilateral Deal

On August 16, 2025, NDTV Profit reported that a scheduled visit by U.S. trade negotiators to…

August 16, 2025
Business

KSE-100 Stays Steady Amid Earnings and Economic Optimism

On August 15, 2025, the Pakistan Stock Exchange’s (PSX) KSE-100 Index experienced relatively stable trading, reaching…

August 15, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?