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Students who cheat in exams could now face fines of up to AED200,000.

The U.S. Securities and Exchange Commission (SEC) has charged the accounting firm, Ernst & Young, with cheating on ethics exams for Certified Public Accountant licensing and lying about it to investigators. Along with the $100 million fine, the firm will have to undertake extensive remedial measures to fix the firm’s ethical issues. Auditors say that SEC is investigating three other large public accounting firms for conflicts of interest.

A petitioner accused Adesh Institute of Medical Sciences and Research, Bathinda of unethical practices and alleged employment of at least 12 ghost teachers. The employees would just come to the private institute and mark their presence and then return to their own institutes. The high court directed medical bodies to investigate the complaint and take appropriate action.