Wednesday, October 28, 2020

Real estate exec jailed in college admission scam gets early release because of coronavirus

-

A parent sentenced to six months in prison for participating in the college admissions bribery scheme is getting to go home early because of the coronavirus pandemic, a federal judge has ruled.

Toby Macfarlane, a former real estate executive from Del Mar, California, will be released to home confinement after his lawyers argued the conditions behind bars put him at serious risk of contracting the virus. He will be released after he completes a 14-day quarantine in prison on April 21, U.S. District Judge Nathaniel Gorton said this week.

Macfarlane was sentenced in November after admitting to paying $450,000 to get his children into the University of Southern California as fake athletic recruits.

Macfarlane was supposed to be released from prison on June 30.

- Advertisement -

His lawyer said his client was told earlier this month that he would be transferred to a halfway house but first had to undergo a 14-day quarantine. Macfarlane was then taken to higher-security facility, where his lawyers say he has been confined 24 hours a day and had no change of clothes.

The judge said Macfarlane’s two-weeks in confinement is the equivalent of spending two months in the lower-security camp where he was serving. Therefore, the judge cut his sentence to time served and ordered him to remain in home confinement with electronic monitoring until June 30.

An email was sent to Macfarlane’s lawyer on Friday.

Macfarlane is among nearly two dozen parents who have pleaded guilty in the case. Others include “Desperate Housewives” actress Felicity Huffman, who was sentenced to two weeks behind bars for paying $15,000 to have someone rig her daughter’s entrance exam.

- Advertisement -

Parents still fighting the case include “Full House” actress Lori Loughlin and her fashion designer husband Mossimo Giannulli, who are charged with paying $500,000 to get their two daughters into USC.

MUST READ

Beam Suntory Inc. fined $19.6 million in foreign bribery case

Beam Suntory Inc. (Beam), a Chicago-based company that produces and sells distilled beverages, has agreed to pay a criminal monetary penalty of $19,572,885 to...

Julius Baer to deny two former CEOs their bonuses over money laundering scandal

Julius Baer will withhold millions of francs in bonuses from its former chief executives Boris Collardi and Bernhard Hodler, as a result of a...

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Former Blue Bell Creameries CEO indicted for fraud linked to 2015 listeria outbreak

The former president and CEO of Blue Bell Creameries L.P., a Texas ice cream company, was indicted Tuesday on wire fraud charges in connection with a scheme...

Operators of fake theology school accused of stealing $12 million in student aid

Six people from three states are charged with defrauding $12 million from federal student aid programs by allegedly enrolling students into a theology school...

Brother of ex-Pakistan PM Nawaz Sharif jailed for money laundering

Pakistan Muslim League-Nawaz (PML-N) chief and Opposition Leader in the National Assembly Shehbaz Sharif was sent to jail on Tuesday in a money laundering...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks