Chinese Family Reportedly Paid $6.5M for Spot at Stanford

Chinese Family Reportedly Paid $6.5M for Spot at Stanford

From the day in March that prosecutors announced charges against 50 people in a sweeping college admissions fraud investigation, they have held out a tantalizing mystery: an unnamed family that they said had paid the college consultant at the center of the scheme $6.5 million — far more than any of the parents named in the case — to get their child into college. The person with knowledge of the inquiry said that Ms. Zhao’s family was introduced to Mr. Singer by a financial adviser at Morgan Stanley based in Pasadena, named Michael Wu. At a court hearing in March, the lead prosecutor in the admissions case, Eric S. Rosen, said that the college consultant, William Singer, had tried to get Ms. Zhao — whom Mr. Rosen did not identify by name — recruited to the Stanford sailing team and created a false profile of her supposed sailing achievements.

Source: www.nytimes.com