Finance Company Founder Gets 6 Months in Prison in US College Admissions Scandal
The former chief executive of specialty finance lender Hercules Capital Inc was sentenced on Wednesday to six months in prison for paying $450,000 to help his daughters gain an unfair edge in the college admissions process.Federal prosecutors in Boston say Manuel Henriquez and his wife, Elizabeth Henriquez, sought to rig their two daughters’ college entrance exam results and secure the older one’s admission to Georgetown University in Washington as a fake tennis recruit.Lawyers for Henriquez, who co-founded Palo Alto, California-based Hercules Capital, sought leniency during a hearing held virtually because of the coronavirus pandemic. He apologized for crimes that hadmore
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