Report: College bribery scandal tip stemmed from pharma pump-and-dump investigation
The Wall Street Journal reported that Morrie Tobin tipped off investigators about the college bribery scheme, which ensnared a biotech investor earlier this week.
College cheating scandal ensnares Hercules Capital CEO Manuel Henriquez
Henriquez, Hercules's founder, voluntarily stepped down Wednesday, the firm said. He and his wife turned themselves in on fraud charges related to the alleged admissions scheme and were released on $500,000 bail.
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