Jerry Wang, the CEO of Herguan University, a for-profit California institution, has been indicted on 15 counts of visa fraud, The San Jose Mercury News reported. The charges relate to what prosecutors term a conspiracy to attract foreign students to the university by helping them obtain visas, sometimes fraudulently. Most of the university's 450 students are from India. Federal authorities have started the process of revoking the university's right to certify foreign students as one step in the process of obtaining student visas.