Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Temple Business Dean Asks Judge To Dismiss Charges For Manipulating MBA Ranking Data

Courtesy of ZeroHedge View original post here.

Former Temple University business school dean Moshe Porat is defending inflating his school’s ranking to U.S. News and World Report by feeding the periodical false data. 

Porat asked a judge to dismiss fraud charges against him in a May 28 court filing, claiming “that the government hadn’t sufficiently shown that he profited from the alleged scheme,” Bloomberg reports.

This was, of course, while he was running the school’s Richard J. Fox School of Business, which he headed up for more than 20 years. 

Porat’s lawyers argued that “the Supreme Court had previously established that a certain amount of monetary gain was necessary to sustain a wire fraud charge” and that such a gain could not be proven, despite whether or not prosecutors could prove he engaged in a deceitful scheme. 

Recall, we reported back in April when Porat was charged federally for ”manipulating data” to become the number one ranked MBA program in the country. He was indicted on one count each of conspiracy and wire fraud. 

Isaac Gottlieb, a statistics professor, and Marjorie O’Neill, who submitted data to magazines that rank college programs, were also named in the indictment, according to the report. 

Temple’s online MBA had been ranked top in the nation by U.S. News and World Report since 2015. The university stayed at the top of the list for 3 years after that and used its ranking to attract students and win donations. 

Porat allegedly hand picked a small group of employees to focus on the rankings, including stat professor Gottleib, who was also to reverse engineer the magazine’s ranking criteria. Porat appointed O’Neill as the sole liaison between the university and the magazine. 

The indictment “claims Fox manipulated data in its part-time MBA program, conflating its data with other programs to drive better rankings,” NBC reported.

U.S. News called out Temple’s online MBA data and stripped the school of its ranking. Temple was then forced to pay the U.S. Department of Education $700,000 and later settled a class action suit by offering $250,000 in scholarships.

Temple called Porat the “mastermind” of the fraud and asked him to resign. 

Attorney Carolyn P. Short wrote in court papers: “He conceived it, controlled it and kept it hidden, only to try later to cover it up. M. Moshe Porat bears personal responsibility for the Fox School’s intentional submission of false ranking data.”

Porat says he is being used as a scapegoat by Temple. His lawyer commented: “We are disappointed that, after cooperating with the government in its investigation, the United States Attorney’s Office decided to bring these charges, which Dr. Porat vigorously denies.”

“Dr. Porat dedicated forty years of his life to serving Temple University, first as a faculty member, and ultimately as Dean of the Fox Business School, and he did so with distinction. He looks forward to defending himself against these charges and to clearing his name,” the statement continued.

The kicker? Porat is still a tenured professor at the university and is making $316,000 per year. He hasn’t taught a class or published research since 2018. 


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!