A finance director in Los Angeles, who was investigated in the event of securities fraud, ordered the authorities to consider the large-scale scandal for college admission, according to the report. to raise the price of the shares so they can sell it for profit – when it suggests federal councils to get leniency, The Wall Street Journal reported.
Tobin, who attended Yale University, told investigators that Yale's female football coach had demanded a bribe in return for taking his daughter to Ivy League's school, the newspaper said. William Singer's findings about the college consultant. Federal prosecutors have announced that Singer has a scheme where wealthy parents bribe sports coaches and other employees to make their children enter elite universities. More than 50 people are accused – including television actresses Felicity Huffman and Laurie Lawlin.
Tobin expects the verdict in the case of securities fraud, in which he signed an agreement on the recognition of blame in November.
He visited Yale in 1980, playing hockey for the school before moving to University of Vermont, the newspaper said. A daughter, Rachel, ends Yale in 2015; two of his other daughters are currently senior and junior there, respectively.
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