I’ve got some upsetting news to share: a bunch of white collar criminals in-training have suffered a serious setback, their dreams of one day ripping off other people for sport and possibly–if cards were played correctly– serving time, shattered to pieces.
Over a thousand prospective MBA students who paid Scoretop.com $30 to get a “sneak peak” at live questions from the GMAT will have their scores canceled in coming weeks, after the U.S. District Court for the Eastern District of Virginia granted the Graduate Management Admission Council a $2.3 billion judgment against the site, allowing GMAC to shut it down and analyze a hard drive containing payment information.
Schools that received scores from Scoretop customers will be notified, and the students will be barred from taking the test again, which proposes a problem for those applying to institutions requiring the exam. For those already enrolled in programs (the site has been around since 2003), expulsion is a possibility, though several schools, like Duke’s Fuqua (which has had some ethics probs in the past) and Wash U’s Olin said they weren’t yet sure what measures would be taken. Joe Fox, Olin’s director of MBA programs, told BusinessWeek that a lot will depend on whether or not they can get information on the frequency with which students used the site. High usage could be grounds for dismissal, yes, but one-time shots? Really such a big deal? Joe thinks no.
Related: This Is The First In A Series Of Anti-Knowledge Initiatives That Will Culminate In Hiring First Years Who Can’t Read
Business School Students: Still More Crooked Than Anyone Else
Shutting Down a GMAT Cheat Sheet [BusinessWeek]
If the “white collar criminals-in-training” could read so well, why then did they feel the need to pay $30 for the “sneak peek”? Wall Street doesn’t need any more criminals; it has plenty already.
why would GMAC shut it down?
Bess– That’s “analyze” a hard drive.
Dude@11:40,
GMAC = Graduate Management Admissions Council, not General Motors Acceptance Corp.
@Dude– b/c GMAC is the test’s publisher
On the plus side they may be able to get jobs as handgun sellers per the SCOTUS ruling.
Yeeh-haw!(said in Yosimite Sam voice)
http://www.barbneal.com/ysam.htm
[why no 'activist' fund hasn't paid the licensing fee to to approporiate him as their logo I'll never know]
Maybe they can get jobs driving that “Brothel Bus” that the Miami police busted today.
Check out the Brothel Bus:
http://www.msnbc.msn.com/id/25376820/?GT1=43001
sorry, been staring at too much mortgage shit lately
Anyone that would actually need to cheat on the GMAT is an idiot.
“white collar criminals in training…”
Spit coffee all over the workstation!!! Keep telling the truth!!
Why cheat? If you want a 760 GMAT score like mine, just do like I did: I didn’t study at all. I drank like a fish the night before to forget my troubles. The next morning, I drank some coffee to wash away the hangover and aced the test.
Oh 12:57 you are the coolest!!! Didn’t even study!!!!! Totally awesome!!!!
Holy shit really? Wow you fucking random douche that’s amazing!
(for reference please see “Stamps at the Post Office” by Louis CK)
yet another lesson of the importance of having a Pay Pal account in the name of Xiu Xieng Chow of 10 Main St., Boise Idaho…
@12:57 Congrats on the score, but sorry for the having of a small dick.
Bess: how many more times you going to change the title? Clearly someone hasn’t been fucking the copy editor enough..
so this is what MBAers are doing nowadays? Buying a rolodex at HBS wasn’t enough … now they have to cheat to even be accepted.
It’s $2.3 million not billion.
Nooooooooo!
Not the Brothel Bus!
Just ONE MORE EXAMPLE of how the government stomps all over the true entrepreneur. First the boys from Bear, now this. Pathetic.
M
Bess: how many more times you going to change the title? Clearly someone hasn’t been fucking the readers enough..