Financier paid $ 50K to bribe corrupt employees to correct standardized testing of his son
A former senior executive of private equity firm TPG Capital has agreed to plead guilty to his alleged involvement in the college admissions scam.
The DOJ said in a press release that USDbox of Justice announced that 57-year-old William E. McGlashan Jr. will be convicted in a case of wire fraud and honest services wire fraud.
McGlashan Standardized Testing Companies Act, Inc. Will try to accept corrupt trial administrator Igor Dvorsky to pay William “Rick” Singer a bribe of $ 50,000 to allow corrupt test proctor, Mark Riddell, to correct McGlashan’s son’s test answers .
Olivia course to pass the General Examination in the General Knowledge College
In 2019, The financier’s lawyers accused the prosecution of holding back evidence that they could help him explain it.
Singer, Dworsky and Riedel have all pleaded guilty to involvement in the scheme.
Hearing a petition Not yet determined For McGlashan.
The parties have allegedly imposed a three-month prison sentence, two years of supervised release, 250 hours of community service and a fine of $ 250,000.
The recommended sentence is subject to approval by a federal judge.
“Provides for up to 20 years in prison, three years of supervised release and a fine of $ 250,000, or a gross profit or loss, whichever is greater, for wire fraud and honest services charged with wire fraud.” US Attorney The office wrote for the District of Massachusetts.
MOSSIMO GIANNULLI announces home based service from JUDGE
The co-founder of the Rise Fund will be the 30th parent to plead guilty in the case, though More than 50 people have been charged Federal law enforcement in a nationwide conspiracy named “Operation Varsity Blues”.
“Dozens of individuals were allegedly involved in a nationwide conspiracy that facilitated college entrance exams and students entering elite universities, as rewarded athletic recruits were arrested by federal agents in several states and, on March 12, 2019 was charged in federal without documentation. Court in Boston, “the Justice Department explained in a separate post regarding their investigation of the bribery scheme. “Athletic coaches from Yale, Stanford, USC, Wake Forest and Georgetown, among others, are implicated parents and exam administrators.”
Huffman pleaded guilty in May 2019 to paying an entry fee of $ 15,000 from a consultant, in which Proctor corrected her elder daughter’s answers to the SAT exam. She Officials say they should be considered before finally making plans for their young daughter. She Served two weeks in jail in October 2019.
Georgeton University tennis coach Gordon Ernst was accused of receiving $ 2.7 million in bribes to nominate at least 12 applicants as recruits.
The singer, who accused Ringer, quickly pleaded guilty and began working with federal investigators Early september 2018.
In August, Laughlin and her husband Mosimo Giannulli accused Singer of being involved in a $ 500,000 payment to recruit their daughters Olivia Z. and Isabella Giannulli to the University of Southern California’s crew team.
Laughlin, 56, was released from the Federal Correctional Society in Dublin, California, on December 28 after serving a two-month sentence.
In his plea agreement, Laughlin agreed to serve two months and a fine of $ 150,000, as well as two years of supervision and 100 hours of community service.
Giannuli, 57, was ordered to pay a fine of $ 250,000 with two years of supervision and 250 hours of community service in addition to a five-month prison sentence.
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In late January, a judge denied Giannuli’s request to leave California prison and serve the remainder of his sentence at home.
Online prison records seen by Granthshala News indicate the fashion designer is expected to be released on April 17 from a facility in Lumpok, California.
A call from the US Attorney’s Office in Massachusetts seeking further comment was not immediately returned.
Granthshala News’ Stephanie Pagons, Melissa Roberto and The Associated Press contributed to this report.