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Pakistani company at the center of massive fake diploma ring

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A recent New York Times report found that a secretive software company in Pakistan has been scamming people into paying for fake academic degrees from online schools. The schools, which appear real, only exist in stock photos on computer servers. 

The company, Axact, has been making several million dollars each month from this. Declan Walsh wrote about this in New York Times. He's the Pakistan bureau chief and he joined the show for more.