A Los Angeles financial executive examined in a case of security deception has concluded authorities with a broad scandal in admission to college, according to a report.
Morrie Tobin was asked on an alleged method – where people are united to expand the price of a stock so they can sell it to an income – when he offers a tip to the federal authority to get relief, The Wall Street Journal reported.
FELICITY HUFFMAN, LORI LOUGHLIN CHANGE FELLOW CELEBRITIES OVER COLLEGE ADMISSIONS CHEATING SCANDAL
Tobin, who attended the Yale University, investigators that the Yale head women's soccer coach demanded a bribe in exchange for the his daughter at the Ivy League school, said the news.
His tip led to recent revelations about college consultants, William Singer. The federal Singer prosecution said a procedure whereby wealthy parents advised sports coaches and other officials to get their children to go to selected universities. More than 50 people are charged – prominent among them TV actresses Felicity Huffman and Lori Loughlin.
The colleges have submitted themselves as victims and transferred to themselves from coaches, firing or suspending them.
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Tobin is waiting for a sentencing in case of securities fraud where he signed a plea agreement in November.
He studied Yale in the 1980s, playing hockey for school, before moving to Vermont University, the Journal said. A daughter, Rachel, graduated from Yale in 2015; two of his other daughters are currently a senior and a junior there, respectively.
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