Financial Adviser - WSJ
“Wanken asked that Malcolm W. Clarrissimeaux, who had been appointed four days earlier, be removed because those two degrees are listed as coming from Columbia State University. As Wanken pointed out in his petition, the only college with that name was shut down by court order in 1998 because it was a diploma mill operating from a Louisiana post-office box. Its owner, a hypnotist, pleaded guilty to nine counts of mail fraud in 2004. The purported school had no faculty, curriculum, tests or facilities, according to congressional testimony in 2004.”
