Go to DO school then buy MD degree from Carribean medical school?

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No, it's not possible.

If it is possible, it's fraud.

What you may have heard of is that in NY, physicians who have an MBBS or other foreign equivalent degree and are licensed (which means they completed a residency) can apply to be allowed to use MD instead of MBBS: NYS Medicine:Conferral of M.D. Degree This is only in NY, and honestly of minimal impact (although appears to only take a form and $300, so minimal work also).
 
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