By Zhang Xuanchen
BEIJING police have arrested 33 suspects for allegedly selling fake diplomas and degree certificates and swindling 7.97 million yuan (US$ 1.23 million) out of 339 people, including nearly 200 senior company executives.
Police said victims paid prices ranging from 20,000 yuan to 190,000 yuan for academic credentials from bogus universities with names similar to prestigious colleges overseas, Beijing Times reported today.
In most cases, no class and test was required before victims were handed over diplomas and degree certificates that appeared authentic with embossed stamps showing recognition from a phony college and China’s Ministry of Education.
Source: shanghaidaily
By Zhang Xuanchen