Credentials fraud now a global threat for universities

Diploma mills have been on the United States radar screen as far back as 1876. Today, credential fraud in higher education is a billion-dollar industry, by some accounts. It has spiralled into a major threat for employers and university admissions offices. And it spans the globe. The United States is home to the largest number of diploma mills, with more than 1,000 known operations in 2011, according to Verifile, a UK-based pre-employment screening company.