WANTED SA EXPOSES FAKE MEDICAL SCHOOLS AND FAKE DOCTORS AROUND THE WORLD.
Be advised that there are a number of fraudsters, operating from India, who reportedly trick applicants into advancing USD$100,000 to enroll in bogus and unaccredited medical schools, located in Guyana and Barbados, but whose MD degrees are worthless, and not accepted in India or elsewhere. The promoters, whom the students from India claim are using passports with aliases, deceive the applicants' parents into believing that the schools are located in the United States, so that they advance a substantial payment. Former students allege that the degrees awarded are not recognized as proper medical preparation by the authorities in India, and that they were deceived and defrauded. The applicants could not qualify to enter medical schools in India, due to low test scores, and they were lured to the Caribbean with the promise of a medical education acceptable in India. The glossy websites promise much, but do not deliver; They are NOT accredited by CAAM-HP or ECFMG.
The Barbados school came under suspicion earlier this year, when one of the Indian students committed suicide. Medical students who later become aware of the unaccredited nature of the "schools" are summarily dismissed and banished from the campus. Given the non-accredited nature of the schools, which had to have prior governmental approval and licenses to open and operate, an investigation into the circumstances surrounding their appearance is warranted. Were bribes paid to government officials to secure permission to open these schools?
Compliance officers should check their client lists for these entities:
BRIDGETOWN INTERNATIONAL UNIVERSITY, Barbados
VICTORIA UNIVERSITY OF MEDICINE, Barbados
AMERICAN UNIVERSITY OF INTEGRATED SCIENCE, Barbados
LINCOLN AMERICAN UNIVERSITY, Guyana
ISM FOCAL POINT PVT LTD, India
RUS EDUCATION PVT LTD, India
Contributed by Kenneth Rijock - Financial Crime Consultant (USA)
Chronicles of Monte Friesner - Financial Crime Analyst (Canada)