A senior Pakistani security official says investigators have detained the owner of a software company accused of running a global network in selling fake degrees.
Shahid Hayat said on Wednesday that authorities also seized hundreds of thousands of fake degrees from an Axact company office in the southwestern port city of Karachi.
Pakistani authorities are investigating the company and its owner, Shoaib Sheikh, on charges of marketing online degrees from nonexistent schools and universities.
Axact is said to have made millions of dollars from the scam and was supposedly going to launch a TV channel in Pakistan when a New York Times report exposed the alleged fraud earlier this month.
Hayat says Sheikh and several others were detained after the case was registered on charges of fraud, forgery and cybercrime.
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