In a criminal court case involving sales of counterfeit diplomas and degrees, Federal investigators reported that 40 percent of the 6,000 fake degrees sold by one organization were sold to foreign residents seeking entry into the United States.
The market rate to purchase a fake university diploma in the streets of China is between 200 to 300 yuan ($29-$44). In 2002, Chinese educational authorities estimated that 500,000 had forged degrees. University officials in France stated that around 3 to 4 percent of all applicants to their schools were found to have held counterfeit degrees.
In the 1990s, there were 6 reported organizations that offered fake academic accreditation to schools and colleges offering fake degrees and diplomas. By the early 2000s, there were over 260.
Companies in Europe that sell fake diplomas and degrees are reported to have up to $50 Million selling counterfeit educational credentials to over 15,000 customers each year.
According to a report by the Government Accountability Office, over 1,200 resumes listed on federal governemnt websites had degrees from fake universities in 2002.