Showing posts with label college admissions bribery scandal. Show all posts
Showing posts with label college admissions bribery scandal. Show all posts

Thursday, March 14, 2019

One of Silicon Valley’s most prominent voices for ethical investing is implicated in a college admissions bribery scandal; Recode, March 12, 2019

, Recode; One of Silicon Valley’s most prominent voices for ethical investing is implicated in a college admissions bribery scandal


"What is particularly damaging for TPG is that McGlashan has positioned himself as a leading voice in Silicon Valley for social responsibility...

McGlashan also allegedly made a $250,000 donation to USC in order for his son to enter through the school’s “side door,” according to the charges, by creating the impression that he was a potential recruited kicker or punter for the school’s football team — all thanks to Photoshop. This was all accomplished through mail fraud, prosecutors say.

“I’m gonna make him a kicker/punter and they’re gonna walk him through with football, and I’ll get a picture and figure out how to Photoshop,” William Rick Singer, the college prep adviser at the heart of the scandal, allegedly told McGlashan in August 2018.

“He does have really strong legs,” McGlashan told Singer. “Maybe he’ll become a kicker. You never know.”

“Pretty funny,” McGlashan would later add. “The way the world works these days is unbelievable.”"