Bill McGlashan and others in court for U.S. college admissions scandal

Bill McGlashan the former senior executive at TPG Capital and others wealthy parents have appeared in a Boston Federal Court  in connection with what many referred to as one of the biggest college admission scandals in the history of the United States.

Bill McGlashan was prevented on Friday, 29th March, 2019 from proceeding on his family vacation which he had planned to take place in Mexico by the federal high court judge seating in Boston as a result of his alleged involvement in the college admission scandal for a reason which the judge described that Bill McGlashan posed a flight risk.

According to prosecutors, Bill McGlashan is one of the wealthy parents who unlawfully engaged in fraudulent practices and bribery schemes in order to get their children into colleges illegally.

Lawyer to Bill McGlashan, Jack Pirozzolo, argued in the federal court in Boston that it is “entirely punitive” to prevent his client to proceed on his leave to Mexico, a trip which had taken several months of planning because of charges filed against him on 12th March, 2019.

According to Assistant U.S. Attorney, Eric Rosen, Bill McGlashan should be limited to vacationing domestically, like at his $12 million home in Big Sky, Montana. And argument with the U.S. Magistrate Judge M. Page Kelley agreed, by concluding that Bill McGlashan posed “some risk of flight.” In making his judgement Judge M. Page Kelley stated, “I’m sorry to disappoint the family, but I’m not going to allow the vacation.”

Bill McGlashan  and the other 15 wealthy parents who appeared before Judge M. Page Kelley  on Friday, 29th March, 2019 were granted bail on conditions which they were forbidden to discuss with each other, their children and potential witness to the case.

Some of the other parent who appeared before Judge M. Page Kelley on Friday include, New York food and beverage distributor,  Gregory Abbott, the ex-president of Wynn Resorts Ltd’s Macau subsidiary, Gamal Abdelaziz and wealthy media executive, Elisabeth Kimmel.

Some other fifty persons which included actresses, Lori Loughlin and Felicity Huffman, have been charged with participating in the scheme, headed by California college admissions counseling service operator Rick Singer.

According to prosecutors the Singer helped parents use bribes and cheating to secure admission for their children to universities including Yale, the University of Southern California and Georgetown University.

Prosecutors made the following revelations:

“Some $25 million in bribes were paid to coaches who helped Singer’s clients secure spots for their children as fake athletic prospects.”

“Singer also facilitated cheating on college entrance exams, including racketeering conspiracy and is cooperating with investigators.”

Prosecutors accused Bill McGlashan   of paying Singer’s foundation $50,000 to have an associate correct his son’s answers on an ACT college entrance exam at a test center Singer “controlled.” And also conspired to pay $250,000 in order to bribe a University of Southern California (USC) official and have his son admitted to the school as a fake football recruit. Allegations which Bill McGlashan denied.

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