DDC just found a senior executive at a public company whose graduate degree was issued by a “diploma mill.” That school was eventually raided by the FBI as part of a fraud investigation. The founder of the school was found guilty of fraud and incarcerated.
So, at best, this public company has a senior executive with a graduate degree from an unaccredited academic institution. At worst, the unaccredited degree was fraudulently issued by the school, and the executive did little or no course work to earn the degree. Compounding the matter is the fact that the name of the school is very similar to that of a leading university, potentially misleading investors when reviewing the executive’s professional bio.
Peter Barakett, President
DDC – Due Diligence Consulting LLC