80,000 students duped in $31m online college fraud
June 11, 2008 · Filed Under How to Choose · 2 Comments
It’s seems that getting a degree could be very expensive if you don’t check who you give your money to.
Tens of thousands of students in the UK were conned by three men who opened an online college named "National Distance Learning College" and ran away with the money. The men have made millions of pounds from the students, but only 18 students got their qualifications.
The three men told students that the online degree will be accredited by national bodies – something that wasn’t true. They’ve also got some grants from the government as a result of the number of students they had – and took the money to their pockets.