The chief executive and senior officials of Axact, which claims to be the "world's largest IT company" but operates hundreds of fake online universities, were arrested on charges of fraud in May 2015 after an expose` in The New York Times.
Memon added that 70 per cent of its revenue was from online universities.
"The need for accredited online universities
has grown exponentially.
Abu Dhabi: The Ministry of Higher Education and Scientific Research on Tuesday warned UAE residents about online universities
that sell fake degrees and urged government departments and private companies to vet degrees of their employees.
Universities had been taking advantage of computers and the Internet for a quite a while, but the rise of online universities
in the early '90s gave people the option to earn a degree without having to sit in a physical classroom.
Of the 105 foreign online universities
, 46 are in the UK and 34 are in the USA.
After researching online universities
, he enrolled at what would become WGU Texas, largely because it seemed the most affordable.
The intent of most online universities
is as an adjunct form of training.
teach knowledge beyond the books.
The University of Phoenix, one of the world's largest online universities
, has students and instructors interact through a specialized version of the Outlook Express e-mail program.
It even issued a list that is available on its website with the only 105 accredited foreign online universities
that are recognised by the UAE.
"I think it's a myth to think that an online universities
like ours is impersonal," he said.