Reply to Lori Laughlin arrested for college scandal

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[quote=Anonymous][quote=Anonymous][b]Another parent in the scandal falls - Bill McGlashan[/b]

[b]Bill McGlashan has resigned from TPG and The Rise Fund[/b], its $2 billion impact-investment platform he co-founded with U2’s Bono, Richard Branson and Jeff Skoll among others.

TPG is the majority owner of CAA and helped launch STX Entertainment among other Hollywood entities. It paid $225 million in equity for a majority stake in the Hollywood agency in 2014. He stepped down from the STX board on Wednesday.

[img]https://pmcdeadline2.files.wordpress.com/2019/03/bill-mcglashan.jpg?w=892&h=598&crop=1[/img]

58F. WILLIAM E. McGLASHAN, Jr.

130.Defendant WILLIAM E. McGLASHAN, Jr. is a resident of Mill Valley, California.  McGLASHAN is a senior executive at a global private equity firm.

131.As set forth below, McGLASHAN participated in both the college entrance exam cheating scheme and the college recruitement scheme, including by conspiring to bribe Donna Heinel, the senior associate athletic director at the University of Southern California (“USC”), to facilitate his son’s admission to USC as a recruited athlete.15

132.CW-1 has advised law enforcement agents that McGLASHAN agreed to make a purported donation of $50,000 to KWF, with the understanding that CW-1 would arrange for CW-2 to serve as a purported proctor for McGLASHAN’s son’s ACT exam at a test center that CW-1 “controlled,” and that CW-2 would, in exchange for money, correct his son’s answers after the test was completed.[/quote]

No - he was "fired"  Unless CNBC is in the business of spreading fake news?[/quote]

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