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Keyword: financefraudster

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  • Meet the finance fraudster who blew the lid off the college admissions scandal

    03/16/2019 5:03:18 PM PDT · by Liz · 18 replies
    NYPOST.COM ^ | 3/14/19 | Aaron Feis and Lia Eustachewich
    With his back to the wall in an alleged pump-and-dump scheme, LA financier Morrie Tobin offered a tip that would turn into the biggest college-admissions fraud ever prosecuted, then wore a wire to help bring down the cheats. In a bid for mercy, the Yale grad told investigators that Rudolph “Rudy” Meredith, the head women’s soccer coach at the Ivy League school, solicited $450,000 from him in exchange for recommending Tobin’s daughter for admission as an athletic recruit, a source told the Journal. Tobin agreed to wear a wire during a meeting in a Boston hotel room with Meredith —...