The Impact Of EDMC Fraud Settlement

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Title: The Impact Of EDMC Fraud Settlement
link : The Impact Of EDMC Fraud Settlement


The Impact Of EDMC Fraud Settlement

By Walter Burns


The issue lasts for many years. Though, it has been fixed already. But the damage has been done. And you cannot stop the people who are involve to share their opinions and sentiments. Since their experiences was not good. They thought it was legal but are being used for illegal practices of the company.

The total cost of damage amounting to more 95 million dollars. Some think, it is not enough to settle the problems and to pay their responsibilities. EDMC fraud settlement has finished but the damage they contributed to all students were not enough. Because they used them for illegal recruitment to earn money. But there good for promises only and nothing have been materialized.

More students protest down the streets because they are not satisfied with the performance. And also due to the illegal operations of granting money to everyone. This involves a lot of students and their education. Since most of them are not likely to finish college. Some of them who are given the opportunity does not have the interest to finish their education.

The dues and damages have been already. But still it was not enough. Since the lost opportunity and the years that are wasted. The time, will not come back again but instead to keep moving on. But the trust cannot be regain anymore. It would be difficult to trust them again. Some has the fear already and there is a tendency it would be the same and they do not want to face more problems.

Despite the settlement, they still need to face some charges. And received bad feed backs from the different attorneys around the world. When their illegal activities were not discovered, they continue to mislead everyone and keep using the money for their interest.

There is someone who works in the company before. And he revealed everything. He was called a whistle blower since he was the key for everyone to know. And keep them aware. The complaint was filed immediately to a federal court. It does not require for more witnesses. The millions of students are more than enough since they are the one who experienced them. And create a lot of violations not just one but many more.

The whistle blower says, there was a lot of promises that encourage everyone to get involve. But not a single activity that became a reality. They promised to fund the trips to various places, bonus incentives and many more. One reason that almost all students the total amount they pay were never enough. No certain amount of money could compensate the damages they did.

They are supposed to pay more. But the government understands their situation. This serves as a lesson to them and will stop doing the illegal practice. They are aware but most of them are tempted because of money. And wanted to earn them the easy way.

They know that the things they did were not right. But they still do it and have lasted for many years. And until someone spilled the beans of their practices because the evidences are very clear. The students are the primary witness since they do not receive anything from the list they have enumerated. It was not accusations anymore. The amount was not enough but that is all the government ask. And they understand the situation.




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