Is accreditation panel for online colleges and universities aptec a valid accrediting agency?

The Accreditation Panel for Online Colleges and Universities (APTEC) is not recognized by the United States Department of Education as a reliable accrediting agency, according to the US Department of Education's Database of Accredited Postsecondary Institutions and Programs (DAPIP). When a college or institution is regionally accredited by an agency recognized by the federal government, it is regarded as legitimate.