FIA arrests four more Axact employees

KARACHI: The Federal Investigation Agency’s (FIA) on Wednesday arrested four more individuals in connection with its ongoing investigation into Axact’s multi-million dollar fake degree scam.

Those arrested from Karachi today include Vice President Imran Ahmed, Associate Vice Presidents Muhammad Rizwan and Adnan Saboor as well as a software engineer Atif Hussain.

The FIA was given a 24-hour remand order by the court for the four Axact employees.

Speaking to Geo News, FIA sources confirmed that headway has been made in the investigation, but added that a large amount of data is yet to be recovered.

The FIA led crackdown against Axact began after a New York Times story exposed the multi-million dollar fake degree scam where the IT company was operating bogus academic institutions and was selling degrees globally.