Parent Involved in College Admissions Scandal Receives Nine Months in Prison

Feb 10, 2020

The former CEO of an investment firm was sentenced to nine months in prison for bribing his children’s way into elite universities. It is the longest sentence yet of any parent involved in the college admissions scandal known as “Operation Varsity Blues.” Prosecutors say Douglas Hodge, ex-CEO of Pacific Investment Management Co., or PIMCO, paid $850,000 in bribes to get four of his children into USC and Georgetown University as fake athletic recruits.

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