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A former senior executive at private equity firm TPG Capital has agreed to plead guilty over his alleged involvement in the college admissions scandal.
The U.S.Department of Justice announced that 57-year-old William E. McGlashan Jr. would plead guilty to one count of wire fraud and honest services wire fraud, the DOJ said in a press release.
McGlashan will admit to scheming to defraud standardized test company ACT, Inc. by paying William Rick Singer $50,000 to bribe corrupt test administrator Igor Dvorsky to allow a corrupt test proctor, Mark Riddell, to correct McGlashan’s son’s exam answers.
A grand jury has indicted a former Tallahassee corrections worker on charges of sexually abusing inmates at the Federal Correctional Institution in Tallahassee.
Trabold also said that Weaver s request for early release involves the possibility that he would seek a loan from the city of Erie for some kind of business venture that he would pursue once his term of supervision ended. Trabold has access to the motion that Weaver wanted sealed, and Trabold made a limited reference to its contents in his response to Weaver s request.
In a one-page order, Cercone said he agreed with Trabold that Weaver s motion should not be sealed. As aptly noted by the government, defendant has failed to displace the presumption created by the common law right of access that attaches to judicial documents, Cercone said in the order. He said that the presumption of openness is further strengthened here given the potential involvement of local government entities and the use of a City of Erie economic development loan, quoting from Trabold s response.