Wednesday, October 28, 2020

David Sidoo faces new charge of money laundering in alleged college admissions scandal

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Prominent Vancouver businessman David Sidoo, indicted last month on a fraud conspiracy charge in connection with what U.S. authorities allege was a “ nationwide college admissions scam,” now also faces a new criminal charge of money laundering conspiracy.

The count of conspiracy to commit money laundering, confirmed Tuesday by the U.S. Attorney’s Office, is in addition to the previous charge of conspiracy to commit mail and wire fraud for which Sidoo was indicted last month and arrested in California. An indictment filed last month alleged Sidoo, 59, paid a total of USD $200,000 to have someone take U.S. college entrance exams for his two sons in 2011 and 2012, as well as an undisclosed amount to have someone take a “Canadian high school graduation exam” in the place of his older son.

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