Axacts Official Response to the defamatory article

JamalCanadian

Politcal Worker (100+ posts)
Itna gira hua kaam GEO AkA JEW hi ker sakta ha . They dont want any competition in the market and abhi BOL sab se bara threat hai. Baatain tu bahut achi achi kerte thay yeh BOL walay I think they will drag NYT to the courts as they have done the same with GEO and an Indian Paper in the past.
 

aftabkhalid

Politcal Worker (100+ posts)
This is baseless discussion here and this is not true that they sell Fake Degree and Porn. I am in IT industry since 2005 and i know what they do exactly. They grow their company slowly and now they have over 25 products and selling in worldwide, you people can see them on their official website under products link.

Company is very strict about their policies and employees can not disclose agreement and product functionality (which they are working on) to anyone. In Pakistan there are few more companies like Axact who selling their products successfully and earning millions of dollars annually but Axact have large clientele then others that is the reason this is financially strong company.
 

kakamuna420

Chief Minister (5k+ posts)
This is baseless discussion here and this is not true that they sell Fake Degree and Porn. I am in IT industry since 2005 and i know what they do exactly. They grow their company slowly and now they have over 25 products and selling in worldwide, you people can see them on their official website under products link.

Company is very strict about their policies and employees can not disclose agreement and product functionality (which they are working on) to anyone. In Pakistan there are few more companies like Axact who selling their products successfully and earning millions of dollars annually but Axact have large clientele then others that is the reason this is financially strong company.

every company list their products and also the client lists(after confirming it with the clients). If your clients and products are so secretive then no doubt
 

umerazam

MPA (400+ posts)
This company started its operations in 1997 and has slowly built its name it 18 years.... if it was doing such business then it would have been shut down way back. people always write such bullshit just to create headlines for people like you to discuss on and never provided legitimate evidences...


trust me on this ....i know someone who worked for axact and its all true....every word in NYT article.....
 

rales

Politcal Worker (100+ posts)
Great investigative journalism. NYT invested time and resources to expose this scam. Pak media should take notes.


http://www.nytimes.com/2015/05/18/w...-axact-reaps-millions-columbiana-barkley.html

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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.

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Axact employees often follow up aggressively with previous customers, pushing them to buy more. Some pose as American officials, badgering clients to spend thousands of dollars on State Department authentication letters. Payments are funneled through offshore firms.


Axact tailors its websites to appeal to customers in its principal markets, including the United States and oil-rich Persian Gulf countries. One Saudi man spent over $400,000 on fake degrees and associated certificates, said Mr. Jamshaid, the former employee.


Usually the sums are less startling, but still substantial.


One Egyptian man paid $12,000 last year for a doctorate in engineering technology from Nixon University and a certificate signed by Mr. Kerry.
...

Some Axact-owned school websites have previously made the news as being fraudulent, though without the company’s ownership role being discovered. In 2013, for instance, Drew Johansen, a former Olympic swim coach, was identified in a news report as a graduate of Axact’s bogus Rochville University.


The effects have sometimes been deeply disruptive. In Britain, the police had to re-examine 700 cases that Mr. Morrison, the falsely credentialed police criminologist and Rochville graduate, had worked on. “It looked easier than going to a real university,” Mr. Morrison said during his 2007 trial.


In the Middle East, Axact has sold aeronautical degrees to airline employees, and medical degrees to hospital workers. One nurse at a large hospital in Abu Dhabi, United Arab Emirates, admitted to spending $60,000 on an Axact-issued medical degree to secure a promotion.


...In any event, Axact’s business model faces few threats within Pakistan, where it does not promote its degrees.

When reporters for The Times contacted 12 Axact-run education websites on Friday, asking about their relationship to Axact and the Karachi office, sales representatives variously claimed to be based in the United States, denied any connection to Axact or hung up immediately.
“This is a university, my friend,” said one representative when asked about Axact. “I have no idea what you’re talking about.”
 

MHAMZA

Minister (2k+ posts)
This is the miracle of the world wide web!!
First you make fictitious educational institutes on the web then hire the hidden owner to market its products in a place far away from your base of operations. Tie in every thing neatly so the real entity remains hidden and disconnected.
The article mentions that the marketing is done by axact telemarketers located here in Pakistan! it says that there is no evidence that these fictitious and dubious virtual universities and colleges are part or owned by axact group but it is what the money trail leads the author to conclude that indeed it is a million dollar swindling operation being run from Pakistan under the guise of software and IT!!!
And I thought the Nigerians and African countries tried to rob people online with fictitious stories ... alas we are no.1 in this field as well!!!
 
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