The CEO of Samsonite says he has a doctoral degree. He doesn't. http://money.cnn.com/2018/05/31/investing/samsonite-ceo-resigns-blue-orca/index.html
I think the "questionable accounting techniques" may have been the greater factor in his stepping down as CEO.
Point of trivia: The school from which he claimed to have a Ph.D. is an old favorite - Union Institute & University.
You know what? Props to him for at least telling a sensible lie. The number of applicants I encounter who claim degrees from Ivy League or other elite schools is staggering and, very often, easily revealed due to inconsistencies in their overall narrative. Meanwhile, there are a ton of schools who no one would even consider you were lying about.
D'you suppose his pink slip notice said, "Ramesh, pack your bags..." (Apologies for my posting in another forum before discovering this one.)