Ex-Pimco Chief Hints at College-Scam Defense: Gifts, Not Bribes
- Douglas Hodge accused of cheating kids’ way into top schools
- ‘We don’t have to talk in code. We know how this works.’
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Douglas Hodge, the former Pimco chief accused of using a middleman to cheat his kids’ way into elite colleges, offered a glimpse of his defense on Monday: He made donations, not bribes.
“It’s not the case those were corrupt payments,” his lawyer Brien O’Connor told a federal judge at a hearing in Boston.