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Department of Justice Gives Green Light to Laureate Education to Continue Corruption
The US Department of Justice (DOJ) has decided to close its corruption case against Laureate International Universities. This action will embolden Laureate as it continues to profit from colleges in Turkey, Saudi Arabia, Brazil and other countries with questionable human rights records.
The US Department of Justice (DOJ) has dropped charges for Laureate International Universities (LAUR) in its bribery scandal in Turkey. What kind of signal does this send?
Laureate has a documented history of international corruption in Turkey, Chile, and Spain. And their remaining presence in the US, particularly Walden University, has been laden with subprime college stories.
Is Laureate really considering shedding itself of Walden University, or are they proposing to follow other subprime colleges in changing their status to reduce their level of scrutiny and liability. Laureate has used "non-profit" ploys in Turkey, Chile, and Ecuador to skirt laws there.
A bigger matter, however, is what happens in Brazil? Laureate has a large presence in Brazil, where inequality is enormous and a far right-wing President, Jair Bolsonaro, has gained power. What will Laureate do to protect its investments? Based on its history, they may use any means necessary.
Related links:
Vultures Coming for Laureate Education
Laureate Education Turned Against Democracy in Turkey and Latin America
Laureate has a documented history of international corruption in Turkey, Chile, and Spain. And their remaining presence in the US, particularly Walden University, has been laden with subprime college stories.
Is Laureate really considering shedding itself of Walden University, or are they proposing to follow other subprime colleges in changing their status to reduce their level of scrutiny and liability. Laureate has used "non-profit" ploys in Turkey, Chile, and Ecuador to skirt laws there.
A bigger matter, however, is what happens in Brazil? Laureate has a large presence in Brazil, where inequality is enormous and a far right-wing President, Jair Bolsonaro, has gained power. What will Laureate do to protect its investments? Based on its history, they may use any means necessary.
Related links:
Vultures Coming for Laureate Education
Laureate Education Turned Against Democracy in Turkey and Latin America
For more information:
https://www.linkedin.com/pulse/doj-giving-...
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