The family of a Chinese student paid $6.5 million to the ringleader of the college admissions scandal to get their daughter into Stanford, sources say.
The family of a Chinese student allegedly paid $6.5 million to the ringleader of theto get their daughter into Stanford University, a person with direct knowledge of the matter told NBC News.
A Morgan Stanley spokesperson said Wu was terminated for"not cooperating with an internal investigation into the college admissions matter."Wu joined Morgan Stanley's office in Pasadena, California, in November 2015 after previously managing $355 million in assets at Bank of America Merrill Lynch,Spokeswomen for the U.S. attorney’s office in Boston, which is prosecuting the case, and the FBI declined to comment.
"It's important to clarify that Stanford did not receive $6.5 million from Singer, or from a student's family working with Singer," the university said in the statement."Stanford was not aware of this reported $6.5 million payment from the family to Singer until today’s news reports."
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