Shoaib Ahmed Shaikh Explained
| Birth Name: | Shoaib Ahmed Shaikh |
| Birth Place: | Karachi, Sindh, Pakistan[1] |
| Occupation: | CEO and Chairman at Axact, BOL Network |
| Years Active: | 2013-present |
| Charge: | Conspiracy of mass fraud of manufacturing and selling fake academic degrees |
| Conviction: | Multiple counts of fraud involving a worldwide diploma mill organization, and obstruction of investigation authorities
|
| Conviction Penalty: | 7 years in prison along with a fine |
| Spouse: | Ayesha Shaikh |
| Nationality: | Pakistani |
Shoaib Ahmed Shaikh, also known as SAS, is a Pakistani businessman and convicted felon. He is the founder of BOL Network. He also founded diploma mill company Axact.[2] [3] [4]
Career
In June 2013, Shoaib Ahmed Sheikh started Pakistani 24-hour news cycle network BOL.
Notes and References
- News: Behind Fake Degrees from Pakistan, a Maze of Deceit and a Case in Peril. https://web.archive.org/web/20160414073020/https://www.nytimes.com/2016/04/11/world/Asia/Pakistan-Axact-degree-scam.html?_r=0 . 14 April 2016. The New York Times. 10 April 2016. 9 May 2017. Declan. Walsh. Declan Walsh. He became a citizen of St. Kitts and Nevis, a small Caribbean island that sells passports to rich investors..
- Web site: Court indicts Axact CEO, others in money laundering case. 2018-06-20. https://web.archive.org/web/20180711041911/https://tribune.com.pk/story/1738346/1-court-indicts-axact-ceo-others-money-laundering-case/ . 11 July 2018.
- Web site: Dailytimes Behind fake degrees from Pakistan, a maze of deceit and a case in peril. dailytimes.com.pk. 2016-08-23. 2016-04-11 . https://web.archive.org/web/20160826080835/http://dailytimes.com.pk/pakistan/12-Apr-16/behind-fake-degrees-from-pakistan-a-maze-of-deceit-and-a-case-in-peril . 26 August 2016.
- Web site: Axact CEO, 22 others sentenced to 20 years in jail in fake degrees case. 5 July 2018. 2 January 2019. 3 January 2019. https://web.archive.org/web/20190103005104/https://www.dawn.com/news/1418156. live.
