BOSTON (Reuters) - An insurance and private equity executive pleaded guilty on Monday to participating in a vast U.S. college admissions fraud and bribery scheme in which he agreed to pay $40,000 to rig his daughter's ACT college entrance exam.
Mark Hauser, 59, entered his plea during a hearing before a federal judge in Boston held virtually due to the COVID-19 pandemic, becoming the latest wealthy parent to admit wrongdoing in the college admissions scandal.
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