Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Real estate executive handed longest sentence yet in college admissions scandal

11/14/2019

Download PDF

A former real estate and title insurance executive has received the longest prison sentence in the college admissions scandal so far.

On Wednesday morning, a California judge sentenced Toby MacFarlane, a former senior executive at WFG National Title Insurance Company, to six months in prison for paying $450,000 to get his son and daughter into the University of Southern California as fake athletic recruits. Along with the prison time, U.S. District Judge Nathaniel Gorton sentenced MacFarlane to two years of supervised release, 200 hours of community service and a $150,000 fine.

Toby MacFarlane | YouTube

Gorton said that MacFarlane’s behavior took spots away from deserving students and should be treated like petty thievery “because that’s what you are — a thief.”

As first reported by California news outlets, MacFarlane made two payments of $200,000, once in 2014 and once in 2017, to the sham nonprofit that was then transferred over as bribes to one current and two former USC employees. Another $50,000 payment from MacFalrane went to USC athletics. MacFarlane’s daughter then got admitted to USC as a soccer recruit while his son made it in as a basketball recruit despite not playing the sports.

“You had the audacity and the self-aggrandizing impudence to use your wealth to cheat and lie your way around the rules that apply to everyone else,” Gorton added in the ruling.

Showcase your local expertise with email marketing Use your digital reach to be a trusted advisor in your community READ MORE

Felicity Huffman

First unraveled in March 2019, the college admissions scandal involved nearly 50 people who were charged in connection with a massive scheme to get their children into top universities by bribing university officials, encouraging cheating on entrance exams, and paying to have their children registered as fake sports recruits. Hollywood actors Lori Loughlin, Felicity Huffman and Bruce Isackson, the president of the real estate investment firm WP Investments, were some of the people named by federal prosecutors in the scandal.

As the scandal unravels further and sentences are handed down, some attorneys are asking that judges hand down strict sentences to show that this type of corruption should not be tolerated — according to USA Today, Assistant U.S. Attorney Eric Rosen asked the judge to “send a message” in the case of MacFarlane, who must now report to prison by Jan. 2.

“I am truly sorry,” MacFarlane said in court. “I love that school and it is heartbreaking to me that I brought a shadow on it.”

Email Veronika Bondarenko

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Mission Chronicle Newsletter July 24, 2023

    Mortgage rates continued to press downward last week after the previous week's CPI data pointed to e...

  • Mission Chronicle Newsletter Feb 20, 2023

    Despite the recent downward trend in mortgage rates and hopes that the Fed was nearing the end of it...

  • Mission Chronicle Newsletter Feb 6, 2023

    The Federal Reserve meeting ended as market participants expected, with a quarter-point increase and...

  • Mission Chronicle Newsletter Dec 26, 2022

    Mortgage rates held relatively steady last week as most economic news came in better than expected.C...

  • Mission Chronicle Newsletter Dec 12, 2022

    Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis ...

  • Mission Chronicle Newsletter Dec 5th 2022

    Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing a...

  • Inman Review: Tenants and leasing teams get better connected with RentTango

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Tech Review: Smart Alto puts people first in its innovative lead qualification solution

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Refreshed and nurture-savvy, Market Leader’s CRM deserves your attention

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 4 tips to improve your negotiation skills

    In today’s luxury real estate market, strong negotiation skills are an asset—you might even say ...

November 2024
Mon Tue Wed Thu Fri Sat Sun
 123
45678910
11121314151617
18192021222324
252627282930  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...