Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I doubt the DOJ will ignore the apparent money laundering aspect and defer to the NCAA, but maybe with the help of Mr. Zhao's legal team?
Can someone explain how this is money laundering?
Disguised bribery as a sale for value, at an inflated valuation. Classic trade-based money laundering. It had all the elements too: placement, layering, and integration.
So in this case, who’s laundering the money? Does the term “laundering” mean that you are taking money earned illegally and converting it to untraceable clean money or is that just the movie description? Because it doesn’t sound like the guy who bought the house did so with illegally earned money.
Anonymous wrote:So, if you take him at his word that he became friendly with the fencing coach because his older son was on the team, and he felt sorry for the coach not being able to afford to live closer to the school, so he helped him out in a way that saved face...
Anonymous wrote:The dad was bragging about his kids’ “perfect SAT scores” yet neither boy was a PSAT national merit semi- nor finalist? Interesting...
Anonymous wrote:I think we’re only seeing the tip of the iceberg. College sports is so corrupt at every level.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I doubt the DOJ will ignore the apparent money laundering aspect and defer to the NCAA, but maybe with the help of Mr. Zhao's legal team?
Can someone explain how this is money laundering?
Disguised bribery as a sale for value, at an inflated valuation. Classic trade-based money laundering. It had all the elements too: placement, layering, and integration.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Disguised bribery as a sale for value, at an inflated valuation. Classic trade-based money laundering. It had all the elements too: placement, layering, and integration.
Neither do you.
Really? I can recite the provisions in the Vienna Convention, Palermo Convention, FATF and the U.S. Bank Secrecy Act. It’s my job.
I can't help but wonder if dad bought anything at above market price a few years ago too?
Go back and read the article. There were peculiar charitable donations at the time the older son was admitted.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yale just abruptly fired its fencing coach a few days ago. The coach had been at Yale for decades...
Wonder what's about to dribble out next...
Perhaps, he is also 87 and wanted to hang on until his 50th anniversary as a coach. Maybe they just want to snag someone before the Harvard position opens up.
The terminology used was “fired.” That’s usually for cause.
He was on a one year contract that wasn't renewed.
You think a Yale student doesn't know the difference between "fired" and "let go"?
https://yaledailynews.com/blog/2019/04/01/yale-fires-fencing-coach-after-49-years/
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yale just abruptly fired its fencing coach a few days ago. The coach had been at Yale for decades...
Wonder what's about to dribble out next...
Perhaps, he is also 87 and wanted to hang on until his 50th anniversary as a coach. Maybe they just want to snag someone before the Harvard position opens up.
The terminology used was “fired.” That’s usually for cause.
He was on a one year contract that wasn't renewed.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:
Disguised bribery as a sale for value, at an inflated valuation. Classic trade-based money laundering. It had all the elements too: placement, layering, and integration.
Neither do you.
Really? I can recite the provisions in the Vienna Convention, Palermo Convention, FATF and the U.S. Bank Secrecy Act. It’s my job.
I can't help but wonder if dad bought anything at above market price a few years ago too?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yale just abruptly fired its fencing coach a few days ago. The coach had been at Yale for decades...
Wonder what's about to dribble out next...
Perhaps, he is also 87 and wanted to hang on until his 50th anniversary as a coach. Maybe they just want to snag someone before the Harvard position opens up.
The terminology used was “fired.” That’s usually for cause.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Yale just abruptly fired its fencing coach a few days ago. The coach had been at Yale for decades...
Wonder what's about to dribble out next...
Perhaps, he is also 87 and wanted to hang on until his 50th anniversary as a coach. Maybe they just want to snag someone before the Harvard position opens up.
Anonymous wrote:Anonymous wrote:Yale just abruptly fired its fencing coach a few days ago. The coach had been at Yale for decades...
Wonder what's about to dribble out next...