Additionally, the university’s New York campuses were shut down following criminal convictions there for defrauding lenders and links to a $35 million money-laundering scheme.
The school was founded in Los Angeles and Seoul, South Korea, in 2000 as Olivet Theological College and Seminary by Korean American pastorIn 2014, the university purchased its 1,000-acre site in Anza, a former laborer training school, setting up its headquarters and fulfilling a vision, university President Matthias Gebhardt said.
Matthias Gebhardt speaks about the history of Olivet University on Tuesday Dec. 13, 2022. Gebhard is the university’s fifth president. An Olivet University student edits a video on Tuesday Dec. 13, 2022. Students pursuing visual arts at Olivet are able to use many forms of media to spread Christianity.
A student enters Olivet University’s Information Technology Center on Tuesday Dec. 13, 2022. This building serves as a computer lab and study area. Federal probe Sims said she brought Singh back to her Anza home, where she stayed a few days until Singh’s mother could arrange to fly Singh to her sister’s home in Boston.
Sims said several other students managed to flee the campus and complain to the authorities about their treatment. Some of the students,said they had been offered full scholarships to attend the school, but when they arrived at the remote Anza campus they were informed that they owed the college money and had to work to pay off their debt.
In February 2020, Olivet pleaded guilty in New York to one count of conspiracy and falsifying business records in a scheme to fraudulently obtain $35 million from lenders. Uzac and Anderson each pleaded guilty to money laundering and a scheme to defraud for their roles in fraudulently obtaining the more than $35 million in financing for IBT, CMC and Olivet, according to the Manhattan District Attorney’s Office.
Lin stepped down from Olivet’s Board of Trustees in 2020 and has not been involved with the university since, Gebhardt said.Olivet also has been tasked with proving to the state of California and its accrediting agency, the Association of Biblical Higher Education, that it is operating to agency standards.
Gebhardt said the ABHE, while determining Olivet has weaknesses, also found the university to be in “substantial compliance” with ABHE accreditation standards. On Dec. 2, 2022, the BPPE approved Olivet to provide dozens of courses at its school and continue offering bachelor’s, master’s and doctorate degrees. Many of the courses are offered in partial Korean, Chinese and Spanish.Unlike in California, Olivet did not have such success maintaining operations in New York.
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