Oxford Blue,
I am ex OATS student 1999:2000, if the gentleman you refer to is who i think it is.......
He was quite possibly the most arrogant, ill fitting twit i have had the misfortune of meeting. He had a supercilious, better than you mentality.
If he sets foot anywhere near my place of work, the alarm bells will ring.
As for the scheme, well if anyone is desperate enough to accept the terms on offer, well.....