Shoaib Ahmed Sheikh, Date of Birth, Place of Birth

Shoaib Ahmed Sheikh

Pakistani businessman and founder of Axact

Date of Birth: 17-Apr-1971

Place of Birth: Karachi, Sindh, Pakistan

Profession: businessperson

Zodiac Sign: Aries

Shoaib Ahmed Shaikh (born April 17, 1971) is a Pakistani businessman, fraudster and money launderer who founded diploma mill company Axact.He was arrested on May 19, 2015 after the May 17th edition of The New York Times published an in-depth report exposing the fake degree business.
Subsequently, Axact was sealed on May 28, 2015 and the Information ministry requested the Pakistan Electronic Media Regulatory Authority (PEMRA) to close down BOL.
He was given bail prior to his conviction, the case filed against him on the charges of alleged fraud, extortion, and money laundering. In July 2018, the court announced a 20-year jail sentence to him along with 22 others regarding the fake degree case, and was subsequently sentenced in September 2018.