Revenue of Diploma Mills Worldwide

in Counterfeit Goods

The worldwide trade in fake diplomas and counterfeit degrees generates an estimated $1 Billion a year in revenue for diploma mills.

Up to 200,000 fake educational credentials are sold each year by these uncredited institutions.

Source:  David Wolman, “Fraud U: Toppling a Bogus-Diploma Empire,” Wired, December 21, 2009.

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