Incident for Umair Hamid 2016-12-19

First Name Umair
Other Name
Last Name Hamid
Alias Shah Khan, Shah
DOB Unknown
Age 30
Gender male
Location PK
Location
Information HAMID served as Axact’s “Assistant Vice President of International Relations.” While based in Pakistan, HAMID was involved in managing and operating online companies that falsely held themselves out to consumers over the Internet as educational institutions. Among other things, HAMID made various false and fraudulent representations to consumers in order to sell fake diplomas. At HAMID’s direction, the websites of purported “schools” 1 falsely represented that consumers who “enrolled” with the schools by paying tuition fees would receive online instruction and coursework, 2 sold bogus academic “accreditations” in exchange for additional fees, 3 falsely represented that the schools had been certified or accredited by various educational organizations, and 4 falsely represented that the schools’ degrees were valid and accepted by employers, including in the United States. As a further part of the scheme, HAMID and a co-conspirator 1 opened bank accounts in the United States in the names of shell entities, effectively controlled by HAMID, which received funds transferred by consumers in exchange for fake diplomas, 2 transferred funds from those bank accounts to bank accounts associated with other entities located elsewhere in the United States, the United Arab Emirates, and Canada, at the direction of HAMID, and 3 opened and operated an account with Paypal, the online payment service provider, to collect and distribute consumer funds obtained in connection with their fraudulent scheme. In or about May 2015, Axact was shut down by Pakistani law enforcement, and certain individuals associated with Axact were prosecuted in Pakistan. Nevertheless, after May 2015, HAMID resumed his fraudulent business of selling fake diplomas to consumers in the United States for upfront fees based upon false and fraudulent representations. Most recently, HAMID traveled to the United States in order to open a bank account that he has used to collect money from consumers he defrauded.
Caught by tracked down
Pending Outcome No
Damages Costs 0
Date Of Crime Unknown
Crime(s) Cyber Fraud
Sector(s) Financial services
Authorities FBI
Authorities Statement view

Arrests


2016-12-19

Location
Authority
Bailed No
Bailed Date
Bail Information
Bail Conditions
Bail Costs
Bail Refused No
Bail Refused Date
Bail Refused Why
Bail Skipped No
Free Release No
Free Release Date