Hollywood stars, entrepreneurs, CEOs, coaches, and more are among those indicted in a massive college admission scheme. The group is accused of using a total of $25 million to pay bribes, cheat on entrance exams, and fake athletic achievement.
Two high-profile actresses and a slew of top business executives, including a former head of Pimco and a founder of Hercules Capital, were among 50 people charged in a $25 million cheating scheme to help wealthy students to gain admission to top colleges, law enforcement officials said Tuesday.
Among those charged are Douglas Hodge, a former CEO of Pimco; William McGlashan Jr., a senior executive at TPG Capital; Agustin Huneeus, head of the Huneeus vineyard in Napa Valley; and Gordon Caplan, co-chairman of international law firm Willkie Farr.— Manuel Henriquez, chairman and CEO of Hercules Capital. Henriquez stepped aside early Wednesday in the wake of the charges;
Others charged include owners of a media company, private equity firm and real estate development firm. The indictment accuses those charged of committing crimes between 2011 and 2019.For college exams, those charged in some cases posed"as the actual students, and in others by providing students with answers during the exams or by correcting their answers after they had completed the exams," according to the criminal complaint.
Hodge, the ex-Pimco head,"agreed to use bribery to facilitate the admission of two of his children to USC as purported athletic recruits," according to the criminal complaint.The following defendants were charged in a criminal complaint with conspiracy to commit mail and wire fraud: Gordon Caplan, 52, of Greenwich, Conn., co-chairman of Willkie Farr, which says it has 700 lawyers in 10 offices in six countries.
Rudolph"Rudy" Meredith, 51, of Madison, Conn., former head women's soccer coach at Yale University, was charged in an information with conspiracy to commit wire fraud and wire fraud. William Ferguson, 48, of Winston-Salem, N.C., former women's volleyball coach at Wake Forest University.Donna Heinel, 57, of Long Beach, Calif., senior associate athletic director at the University of Southern California.
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