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7 feb 2020 · Douglas Hodge, 61, of Laguna Beach, Calif., was sentenced by U.S. District Court Judge Nathaniel M. Gorton to nine months in prison, two years of supervised release and 500 hours of community service. Judge Gorton also ordered Hodge to pay a fine of $750,000.
Key Points. Hodge, who served as Pimco CEO from 2014 to 2016, allegedly agreed to use bribery to facilitate the admission of two of his children to the University of Southern California as...
7 feb 2020 · Most parents were accused of crimes to get one child, maybe two, into an elite college. Douglas Hodge, the former chief of Pimco, paid bribes for at least four children, prosecutors say.
7 feb 2020 · The former CEO of one of the world’s largest investment management companies was sentenced Friday to nine months in prison for using fraud and bribes to try to get five of his children into...
7 feb 2020 · Hodge pleaded guilty in October to conspiring to commit fraud and money laundering. Along with three other parents, he reversed his not-guilty plea after prosecutors warned of a new indictment...
- matthew.ormseth@latimes.com
- Staff Writer
12 mar 2019 · Douglas Hodge, the former chief executive officer of Pacific Investment Management Co., is among those charged Tuesday in a sweeping criminal conspiracy that sought to help applicants win university admission.
7 feb 2020 · Douglas Hodge, the former Pimco chief executive described by US prosecutors as “among the most culpable parents” in a university admissions cheating scandal, was sentenced on Friday to nine...
