WASHINGTON: US State Department has clearly denied that they do not have any official document that verifies the agreement with the Pakistani software company Axact, who is in the business of selling fake degrees globally.

A vehicle of Federal Investigation Agency (FIA) is seen in front of the building of Axact, World's leading IT Company, in Islamabad, Pakistan, on May 19, 2015. Pakistani investigators Tuesday carried out raids on a firm accused of running a global fake degree empire, confiscating computers and holding employees for questioning as the scandal deepened.The firm Axact was accused by the New York Times of running a network of hundreds of websites for phoney universities complete with paid actors for promotional videos, as part of an elaborate scheme that generated tens of millions of dollars annually. - AFP, Muhammad Reza
A vehicle of Federal Investigation Agency (FIA) is seen in front of the building of Axact, World’s leading IT Company, in Islamabad, Pakistan, on May 19, 2015. Pakistani investigators Tuesday carried out raids on a firm accused of running a global fake degree empire, confiscating computers and holding employees for questioning as the scandal deepened.The firm Axact was accused by the New York Times of running a network of hundreds of websites for phoney universities complete with paid actors for promotional videos, as part of an elaborate scheme that generated tens of millions of dollars annually. – AFP, Muhammad Reza
“The Department of State has no agreement for documentation authentication with Axact,” it is a statement of an official of the US State Department. He further clarifies that the information about the licensed educational institutions is provided on the department’s official website and in addition to this prominent warnings are also given about the fake documentation.

After considering the intensity of the scandal, on Tuesday, a team of investigators from Federal Investigation Agency (FIA) executed raids of Axact offices located in Rawalpindi and Karachi, impounding computers and holding employees for further investigation.

New York Times have put allegations on Axact company of running a huge network of websites of fraudulent universities with hired actors to make promotional fake videos, is the part of a systematic plan to accumulate tens of millions of dollars each year.

FIA raids on the Axact offices came immediately after the statement of the Interior Minister Chaudhry Nisar Ali Khan to make through investigation of the matter “if the said company is involved in any such illegal work which can tarnish the good image of the country in the world”.