Two Parents Convicted in the College Bribery Scandal

It only took the jurors 10 hours. Following their deliberations the jurors emerged with guilty verdicts for for John Wilson, a private-equity financier (conspiracy to commit bribery, conspiracy to commit fraud, and filing a false tax return). Gamal Abdelaziz, a former Wynn casino executive, was convicted of conspiracy to commit fraud and conspiracy to commit bribery. Mr. Wilson paid $1.5 million to have his son, Johnny, designated as a water-polo recruit. Johnny got in but quit the water-polo team after one year. Meanwhile, John, Sr. was busy trying to secure admissions to Harvard for his twin daughters, as sailors. However, his arrest got in the way. The twins had not yet finished high school when the whole Rick-Singer “side door” admission program was shut down by the Feds. There were 57 arrested, with 47 entering guilty pleas, and now two convictions. Expect some additional guilty pleas from the remaining hold-outs in the coming weeks.

Meanwhile, Felicity Huffman, who paid $15,000 to get a better SAT score for her daughter has served her 11-day sentence and will be back starring in her own ABC series. Lori Loughlin, she of “Full House” and the Hallmark Channel, paid $500,000 to get her daughters into USC. Ms. Loughlin has done her two months, paid a $150,000 fine, and will return to her series, “When Comes the Heart” on the Hallmark Channel. Her husband, however must finish a five-month sentence and ante up $250,000. No word on whether his clothing designs will return to Target.

Douglas Hodge, a hedge-fund guy, paid a chunk of change to get four of his seven children into the Ivy League biggies. He was working on #5’s admission when the scam was shut down. He got 9 months and a $750,000 fine after entering a guilty plea.

The parents said they did all this to give their kids the very best. No, they didn’t. They did it for bragging rights. Some of their kids actually believed that they got a 32 on their ACTs. 22 was their real score. No bragging rights with scores like that, nor any admissions to the elite schools. Like the manipulated earnings of the companies they ran and financed, nothing was real, but what you are bragging about sure does look good on paper.

About mmjdiary

Professor Marianne Jennings is an emeritus professor of legal and ethical studies from the W.P. Carey School of Business at Arizona State University, retiring in 2011 after 35 years of teaching undergraduate and graduate courses in ethics and the legal environment of business. During her tenure at ASU, she served as director of the Joan and David Lincoln Center for Applied Ethics from 1995-1999. In 2006, she was appointed faculty director for the W.P. Carey Executive MBA Program. She has done consulting work for businesses and professional groups including AICPA, Boeing, Dial Corporation, Edward Jones, Mattel, Motorola, CFA Institute, Southern California Edison, the Institute of Internal Auditors, AIMR, DuPont, AES, Blue Cross Blue Shield, Motorola, Hy-Vee Foods, IBM, Bell Helicopter, Amgen, Raytheon, and VIAD. The sixth edition of her textbook, Case Studies in Business Ethics, was published in February 2011. The ninth edition of her textbook, Business: lts Legal, Ethical and Global Environment was published in January 2011. The 23rd edition of her book, Business Law: Principles and Cases, will be published in January 2013. The tenth edition of her book, Real Estate Law, will also be published in January 2013. Her book, A Business Tale: A Story of Ethics, Choices, Success, and a Very Large Rabbit, a fable about business ethics, was chosen by Library Journal in 2004 as its business book of the year. A Business Tale was also a finalist for two other literary awards for 2004. In 2000 her book on corporate governance was published by the New York Times MBA Pocket Series. Her book on long-term success, Building a Business Through Good Times and Bad: Lessons from Fifteen Companies, Each With a Century of Dividends, was published in October 2002 and has been used by Booz, Allen, Hamilton for its work on business longevity. Her latest book, The Seven Signs of Ethical Collapse was published by St. Martin’s Press in July 2006 and has been a finalist for two book awards. Her weekly columns are syndicated around the country, and her work has appeared in the Wall Street Journal, the Chicago Tribune, the New York Times, Washington Post, and the Reader's Digest. A collection of her essays, Nobody Fixes Real Carrot Sticks Anymore, first published in 1994 is still being published. She has been a commentator on business issues on All Things Considered for National Public Radio. She has served on four boards of directors, including Arizona Public Service (1987-2000), Zealous Capital Corporation, and the Center for Children with Chronic Illness and Disability at the University of Minnesota. She was appointed to the board of advisors for the Institute of Nuclear Power Operators in 2004 and served on the board of trustees for Think Arizona, a public policy think tank. She has appeared on CNBC, CBS This Morning, the Today Show, and CBS Evening News. In 2010 she was named one of the Top 100 Thought Leaders in Business Ethics by Trust Across America. Her books have been translated into four different languages. She received the British Emerald award for authoring one of their top 50 articles in management publications, chosen from over 15,000 articles. Personal: Married since 1976 to Terry H. Jennings, Maricopa County Attorney’s Office Deputy County Attorney; five children: Sarah, Sam, and John, and the late Claire and Hannah Jennings.
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