Saturday, May 4, 2019

Stanford Expelled Chinese Student Billionaire Parents Paid $6.5 Million

Stanford Expelled Chinese Student Billionaire Parents Paid $6.5 Million


https://www.stanforddaily.com/2019/05/01/expelled-students-family-paid-6-5-million-in-scandal-to-secure-her-admission-to-stanford/
The billionaire Chinese family of former Stanford sophomore Yusi Zhao paid $6.5 million — the largest known sum in the college admissions scandal uncovered by Operation Varsity Blues — to secure her admission to Stanford.
Yusi’s father, Tao Zhao, is the chairman and co-founder of multibillion-dollar pharmaceutical company Shandong Buchang, based in Heze, China. 
Yusi was expelled after the University discovered that her application contained falsified sailing credentials linked to a $500,000 payment to the University’s sailing program. She moved out of her on-campus residence on March 30, according to sources familiar with the matter — three days before the University announced the expulsion in a press release on April 2. 
(continues at link)

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