It’s surprising there are so many: 1,762 fake institutions worldwide with another 1,545 filed as “suspicious” according to Verifile. The US has the most – 810 – and the UK comes in second with 271.
One can only imagine the number of bogus degrees produced!
I will admit to be fascinated by prominent people buying online degrees, in much the same way others follow the latest romances of stars. In Degrees by Mail: Look what you can buy for only $499!!! I wrote about the US$499.00 purchase of an online degree by someone who should have known better and didn’t even seemingly need the degree. In The Stripper and the Bogus Online Degree I wrote about “A former stripper, known professionally as Princess Cheyenne, [who] was found guilty of 19 of 25 counts ‘of fraud and larceny for posing as a licensed psychologist for seven years and treating clients'” because her degree was not legitimate.
Moral here: if it sounds too good to be true it probably is – and it may be worth the effort of checking credentials before you hire or do business with anyone.
I’m afraid that in the near future the will be more fake institutions than real ones.
In regards to online education, yes, there are plenty of “top” universities that offer any diploma for your money. I think the government should pay more attention to these virtual colleges.