A special Central Bureau of Investigation (CBI) court on Tuesday is likely to pronounce the quantum of punishment for the Rajya Sabha MP.
Masood has been found guilty of cheating, forgery and corruption in the scam.
He will face imprisonment up to seven years.
According to reports, even if he gets a minimum two years' imprisonment, he will lose his Rajya Sabha seat.
"Masood has been held guilty of nominating undeserving candidates to MBBS seats allocated to Tripura from the central pool. The fraud was carried out during Masoods tenure as MoS Health in 1990-91," reported CNN-IBN.
"The court has also found him guilty of conspiring with two others who have also been convicted," said the news channel.
--IBNS (Posted on 01-10-2013)