Wednesday, December 1, 2021

Former Temple Business School Dean convicted of wire fraud for "cooking the books" in data reported to USNews.com

Story here.  I was struck by this quote from the prosecutor:

“The hope is that this case sends a message to other college and university administrators that there are real consequences to making representations that students and applicants rely on,” Assistant U.S. Attorney Mark B. Dubnoff said. “So many people turn to these rankings … to help them make informed decisions of where to go to college, graduate school, and it’s important that people are honest and fully truthful with the representations they make.”

You'll note who is missing in this sermon from the prosecutor:  the editors of USNews.com, who don't audit the self-reported data, and who then stir it into a stew of arbitrarily weighted factors to produce a ranking that misleads students and applicants, leading them to make misinformed decisions.   I guess the wire fraud statutes don't cover this kind of "fraud" on the public.

 

https://leiterlawschool.typepad.com/leiter/2021/12/former-temple-business-school-dean-convicted-of-wire-fraud-for-cooking-the-books-in-data-reported-to.html

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