College cheating scandal: Pimco tycoon jailed for 'chutzpah'

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Eight the former C. E. O. of a Newport beach Newport beach based pimco investments has just been sentenced to nine months in prison just getting this news this is for his role in the college admissions cheating scandal from federal prosecutors saying that Douglas Hodge paid eight hundred fifty thousand dollars to get his kids into college a U. S. C. one of the colleges mentioned he did plead guilty in the case but got the longest sentence handed down so far in addition to the prison time he also has to pay seven hundred fifty thousand dollar fine do community service and once he's out of prison undergo

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