Ex-Pimco CEO gets nine months in college admission scam
Douglas Hodge paid $850,000 in bribes to get four of his children into USC and Georgetown as phony soccer and tennis team recruits
Douglas Hodge, the former Pimco chief who once safeguarded the retirement savings of millions of Americans, was sentenced to nine months in prison for paying $850,000 in bribes to get four of his children into USC and Georgetown as phony soccer and tennis team recruits.
The sentence, pronounced F
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