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.