McGlashan William E. Jr., Wire Fraud and Honest Services Wire Fraud, Massachusetts 2021

BOSTON – In a shocking turn of events, a California private equity executive was brought to justice for his involvement in a brazen college admissions scheme.

William E. McGlashan, Jr., a 57-year-old former senior executive at TPG Capital, was sentenced to three months in prison, two years of supervised release, a fine of $250,000 and 250 hours of community service.

The scheme, which unfolded in 2017, involved McGlashan paying a co-conspirator $50,000 to bribe a corrupt test administrator to allow his son to cheat on his ACT exam. The test administrator, Igor Dvorskiy, and a corrupt test proctor, Mark Riddell, were also implicated in the scheme.

McGlashan’s actions led to his son receiving a fraudulent ACT score of 34, which undoubtedly helped him secure admission to a prestigious college. The scheme was uncovered as part of a larger investigation into college admissions bribery.

The case against McGlashan was prosecuted by Assistant U.S. Attorneys Justin D. O’Connell, Leslie A. Wright, Kristen A. Kearney, Karin M. Bell, and Stephen E. Frank. The investigation was led by the Federal Bureau of Investigation, Boston Field Division, the Internal Revenue Service’s Criminal Investigations in Boston, and the Department of Education, Office of Inspector General.

McGlashan’s sentencing serves as a reminder that those who engage in corrupt activities will be held accountable for their actions. His case highlights the importance of integrity in all aspects of life, particularly in the pursuit of higher education.

The details contained in the charging documents are allegations. The remaining defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

McGlashan’s case is a stark reminder that the college admissions process is not just about merit, but also about the willingness to pay for an unfair advantage. His actions have undoubtedly caused harm to the integrity of the education system and set a bad precedent for future generations.

The sentencing date for McGlashan was February 10, 2021. His case is a testament to the dedication of law enforcement agencies in uncovering and prosecuting white-collar crimes.

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