Private equity financier in college admissions scandal avoids prison in new sentencing

Indonesia Berita Berita

Private equity financier in college admissions scandal avoids prison in new sentencing
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 Reuters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

A private equity firm founder who was one of the first parents to face trial on charges arising out of a vast U.S. college admissions scandal was re-sentenced on Friday to six months' home detention after an appeals court tossed most of his conviction.

John Wilson, the founder of Hyannis Port Capital, was originally sentenced to 15 months in prison before a federal appeals court in Boston in May upended his 2021 fraud convictions for conspiring to pay bribes to secure spots for his children at top universities. His new sentence also includes 250 hours of community service.

That ruling overturned all of his trial convictions except on a tax fraud charge for taking $220,000 in fraudulent tax write-offs in 2014 for a quid pro quo payment he made to secure his son's admission to the University of Southern California. At the center of the scheme was William "Rick" Singer, a California college admissions consultant who in 2019 admitted he facilitated cheating on college entrance exams and funneled money from parents to corrupt university coaches to secure the admission of their children as fake athletic recruits.Fifty people in total pleaded guilty, including the actors Lori Loughlin and Felicity Huffman, who were among Singer's clients.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Reuters /  🏆 2. in US

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Crystal Lake South High School shows their spirit this Orange FridayCrystal Lake South High School shows their spirit this Orange FridayThe Crystal Lake South High School Gators revved up their Friday Pep Rally for Orange Friday.
Baca lebih lajut »

New affordable housing concept breaking ground in East Arlington FridayNew affordable housing concept breaking ground in East Arlington FridayA new partnership between the City of Arlington, the nonprofit Housing Channel in Fort Worth, and the University of Texas at Arlington is aiming for a solution that could be replicated across North Texas.
Baca lebih lajut »

NYT Connections today: answers and hints for Friday, September 29NYT Connections today: answers and hints for Friday, September 29Connections is the new puzzle game from the New York Times, and it can be quite difficult. If you need a hand with solving today's puzzle, we're here to help.
Baca lebih lajut »

Friday Music Guide: New Music From *NSYNC, Ed Sheeran, Bad Bunny, Jung Kook and MoreFriday Music Guide: New Music From *NSYNC, Ed Sheeran, Bad Bunny, Jung Kook and MoreCheck out the must-hear releases of the week.
Baca lebih lajut »



Render Time: 2025-03-01 03:53:47