Larry Benson
The term “Diploma Mill” refers to an unaccredited institution of higher learning that offers a degree, diploma or certificate for a fee. The credential received usually requires little or no work and is generally worthless.
According to an article in the San Francisco Chronicle, a California woman operated a fake university with the intent to scam foreign students seeking U.S. immigration status. Through her fake school, the woman was able to collect millions of dollars in fees to fund her posh lifestyle.
The 43-year-old woman purportedly collected nearly $6 million in tuition and fees, mostly from Indian nationals. Students paid $2,700 a semester in tuition for visa-related documents that permitted them to live and work in the U.S. on a student immigration status.
The fraudster used the proceeds from the scam to buy commercial real estate, a Mercedes-Benz and multiple homes, including one on a golf course. (She even had one of her student employees paint her mansion and move furniture.
Source: watchdog