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Harvard University is investigating its head fencing coach amid allegations he conducted a real estate transaction that involved the family of a current and a former student-athlete, the school announced Thursday.
In 2016, Coach Peter Brand sold his home in Needham, Massachusetts, for almost twice what a tax document said it was worth. Now, Harvard is conducting an independent review of that transaction.Jie Zhao bought Brand's home for for $989,500, according to the deed. At the time, he had a son on the Harvard fencing team and one in high school, The Boston Globe reported. However, a municipal lien certificate indicates the home was worth just under $550,000.
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