Pakistan Today

Former employee blows whistle on Axact’s ‘secret transactions’

Sayyad Yasir Jamshaid, a former quality control officer at Axact, on Tuesday uploaded mobile phone videos of Axact’s secret financial transactions and communication history with clients on his Facebook page.

The Pakistani IT company, which the New York Times claims reaped millions of dollars by selling fake academic degrees online, is being probed by federal investigators.

The short videos uploaded by Jamshaid, apparently filmed through a mobile phone, shows glimpses of financial transactions of various clients and the company’s communication history with them.

One video shows Belford University, which had been indicted by an American federal judge for issuing fake degrees.

The former Axact employee has also uploaded videos allegedly showing credit card information and amount spent on buying fake degrees and diplomas.

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