https://www.insidehighered.com/quicktakes/2018/04/23/suspect-california-university-shut-down
“A California institution that a U.S. senator recently characterized as a suspected “visa mill” has shut down after state authorities revoked its certificate to operate. A notice on Silicon Valley University’s website says it has been notified by California’s Bureau for Private Postsecondary Education “not to conduct any classes or exams at this time, effective immediately.
Senator Chuck Grassley, a Republican from Iowa, recently sent a letter to Department of Homeland Security secretary Kirstjen Nielsen in which he singled out Silicon Valley as one among a group of “suspect schools” that bring thousands of foreign students to the U.S. each year.
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The Chronicle also reported that Silicon Valley is embroiled in legal battles involving allegations that the divorced husband and wife pair who founded the school, Feng-Min “Jerry” Shiao and Mei Hsin “Seiko” Cheng, used university funds for their personal benefit. The university filed a lawsuit against Shiao accusing him of misappropriating $34.8 million. In a countersuit, Shiao accuses Cheng of using $2.6 million in university funds to buy three homes for herself and family members.”
Surely the “smartest people in the world“ that our “brilliant companies” can’t do without.