The Wall Street Journal reports that a family in China spent $6.5 million to get their daughter into Stanford
By Jason Devaney
Newsmax
May 2, 2019
A Chinese family forked over $6.5 million to get its daughter into Stanford University as part of the college admissions scandal that has rocked the industry this year.
According to The Wall Street Journal, the family paid college consultant Rick Singer, who recently pleaded guilty to money laundering, obstruction of justice, racketeering, and conspiracy to defraud the United States. In return, Singer — who was connected with the family through a now-fired Morgan Stanley financial adviser — put together a falsified sailing athletic profile and used it to get the student into the elite California school.
The student was admitted in part because of the profile, and Singer's charity later donated $500,000 to the school's sailing program, the Journal reported.
1 comment:
Is anyone really surprised? Pretty soon friends who simply did favors for friends for no gain will be indicted. That is how the world works.
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