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Friday, April 3, 2015

Big-time fraudsters operate a private college in Sarawak

Two hundred students were left in a lurch after the private college they enrolled in closed without giving any official notification.
My heart goes out to the affected students and their parents who will now have to deal with the PTPTN and bank loans they have taken.
News report said the students were into their second semester but the fees they had paid covered the fifth semester.
It’s a scam job. Those involved are no amateurish cheats but big-time fraudsters, perhaps even a well-organised crime syndicate.
These professional con artistes not only cheat students and parents but the banks, the PTPTN people and the Education Ministry. Otherwise, why would PTPTN approve study loans of students enrolled with the college?
For banks and PTPTN to approve loans to students, the institutions they study in would have to be in the registry of the Education Ministry.
The students and their parents should not be left on their own to deal with this problem, which is not theirs alone. Some form of misrepresentation has occurred, PTPTN and the Education Ministry, along with the students, are victims as well. One could say the weakness is in the system.
It is not enough just helping the students to get places in other colleges or universities, or even get new PTPTN loans to help finance their next study course.
For while this ensures they still get the opportunity to further their studies, it does not solve the problem of fraudsters and bigtime cheats prying on school leavers hunting for college and university education in the future.
The police commercial crime division must be roped in. The conmen must be brought to book. Those holding the licence to the private college must be made to answer. The board of directors must be hauled up.
Each time this sort of problem cropped up in the past, the advice to students and parents had always been for them to check a college’s status and background before enrolling with it. Or otherwise, go for the more established ones.
Well, blame them for not doing that, but if the college could help you get the PTPTN loan or a study loan from the bank across the road, isn’t that proof enough that here is a college you can depend on to help you get a diploma or a degree?
Besides, the long list of lecturers and their personal curriculum vitae looked convincing; the names of the board of directors, some of them Datuks, didn’t come across to you as cheats; and you were impressed by the campus and its facilities.
Organised crimes and syndicates are like that. Their set-up can look to be very elaborate and expensive, and that is because they know the returns are substantial.
Every year thousands of students go for college- and university-hunting, not a few will fall for their scheme – unfortunately with help from the system. — Jimmy Adit

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