🇮🇳India

प्रशिक्षण संस्थानों में धोखाधड़ी और अनाधिकृत संचालन (Training Institute Fraud & Unauthorized Operations)

1 verified sources

Definition

Fake technical training institutes lure students with promises of professional courses, hands-on training, and internships. After collecting full fees (₹75,000 to ₹1,55,000 per student), institutes cease operations and provide no services, certifications, or internship placements.

Key Findings

  • Financial Impact: ₹52.27 lakh confirmed loss across 40 students (Boston Institute of Analytics case, August 2024 - December 2024)
  • Frequency: Ongoing; single case shows 40 victims, suggesting systemic vulnerability
  • Root Cause: Absence of institutional verification, no escrow/payment protection mechanisms, weak franchise oversight, no regulatory body enforcement

Why This Matters

The Pitch: IT training providers in India lose credibility and face collective reputational damage when fraud occurs in adjacent markets. Verification automation and compliance checks eliminate fraudulent competitor entry.

Affected Stakeholders

Students/Trainees, Franchise heads, Institute administrators, Internship placement officers

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

प्रशिक्षण गुणवत्ता विफलता और प्रमाणपत्र धोखाधड़ी (Training Quality Failures & Certificate Fraud)

₹52.27 lakh in direct refund liability + estimated legal costs of ₹5-15 lakh per case (FIR filed, police investigation ongoing)

ग्राहक विश्वास हानि और प्रतिष्ठा क्षति (Customer Trust Loss & Reputation Damage)

₹52.27 lakh direct loss + estimated ₹20-30 lakh sector-wide revenue churn due to loss of student confidence in training institutes

Request Deep Analysis

🇮🇳 Be first to access this market's intelligence