Douglas Hodge, the former chief executive of bond giant Pacific Investment Management, is scheduled to be sentenced for his role in the college-admissions cheating scandal that has ensnared more than 50 parents, coaches and others
Douglas Hodge, the former chief executive of bond giant Pacific Investment Management Co., is scheduled to be sentenced Friday for his role in the sprawling college-admissions cheating scandal that has ensnared more than 50 parents, coaches and others.
Federal prosecutors say Mr. Hodge paid a total of $850,000 to the company and charity of the scheme’s ringleader, William “Rick” Singer, as well as to Georgetown’s former tennis coach and a University of Southern California account controlled by an administrator who was also...
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