Singaporean billionaire ensnared in US college admissions scandal - News Summed Up

Singaporean billionaire ensnared in US college admissions scandal


SINGAPORE: Reports of an eye-watering US$6.5 million payment by a Singaporean billionaire to get his daughter into the highly prestigious Stanford University is the latest revelation in the burgeoning United States college admissions cheating scandal. The first was to cheat on the admissions test, such as getting someone else to sit for the test and bribing test administrators to turn a blind eye. Forbes reported that Mr Zhao, who has a net worth of US$1.8 billion, is a Singaporean citizen. Singer also ran a legitimate business providing college consulting services, where he would conduct counselling sessions for teenagers preparing to enter college. Observers are waiting to see how far the scandal will extend, and whether further charges will be laid.


Source: New Strait Times May 04, 2019 03:45 UTC



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