Axact
Pakistani software company which runs numerous websites selling fake academic degrees
Axact (Urdu: ایگزیکٹ) is a Pakistan software company that runs numerous websites selling fraudulent academic degrees for fictional universities. The company used to own the media company BOL Network.
History
Axact was founded by Shoaib Ahmed Shaikh, who serves as its chairman. It is based in Karachi, and has over 2,000 employees. According to Shaikh, the company was founded in 1997 with fewer than 10 employees working in a single room. In 2013 he said Axact was the world's leading IT company and that it had eight broad-business units and products, more than 5,200 employees, and associated globally and as many as 8.3 million customers worldwide. The company website said in 2015 that the company had 10 diverse business units that offer more than 23 products, more than two billion users, and a global presence across 6 continents, 120 countries and 1,300 cities with more than 25,000 employees and associates. Axact's employee figures on its website contradict each other.
According to Securities and Exchange Commission of Pakistan records, the company was registered in June 2006 and had a paid up capital of Rs. 6 million (US$58,860) by 2010.
Begin with the source’s own compact description: “Axact” is pakistani software company which runs numerous websites selling fake academic degrees. The dossier treats that line as a proposition to test through Axact, Pakistani and software, not as a finished interpretation.
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The date and method of observation matter as much as the stated conclusion, especially where classification or consensus has changed. The source revision retrieved here is dated Apr 30, 2026. The linked authority identifier is Q19647863. 2 of 2 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 1997, 2013, 2015 and 2006.
Current terminology should not be projected backward without checking the classification used when the underlying evidence was created. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
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This entry incorporates text from “Axact” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.