HONG KONG - The family that said it was duped into paying the largest known sum in the ongoing Stanford admissions scandal may have ties to Singapore.
Prosecutors in the United States allege that parents of Ms Zhao Yusi, who was admitted in March 2017, had paid US$6.5 million to college consultant William"Rick" Singer, the man at the centre of an international college admissions scheme.Enjoy unlimited access to ST's best work Subscribe Now
Yeah they transited at Changi Airport once...
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'Hard work' got me into Stanford, says Chinese teen whose parents paid US$6.5 millionTwo years ago, when Molly Zhao Yusi first got into Stanford, the fresh-faced teenager hosted a 90-minute video chat to talk about how she was ... When u pay $6.5mio, it is never hard work. Maybe Hard money $work hard earned money by parents* Sure. Her parents hard work.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US, Singapore to return more than S$273 million in 1MDB-linked fundsKUALA LUMPUR — The US and Singapore are ready to return more than US$200 million (S$273 million) allegedly misappropriated from 1Malaysia Development Bhd, reports Bloomberg.
Source: TODAYonline - 🏆 1. / 99 Read more »
US, Singapore to return more than S$300 million in 1MDB-linked fundsKUALA LUMPUR — The US and Singapore are ready to return more than S$300 million allegedly misappropriated from 1Malaysia Development Bhd, reports Bloomberg.
Source: TODAYonline - 🏆 1. / 99 Read more »
Admissions scandal: When 'hard work' (plus $8.9 million) gets you into Stanford UniversityCAMBRIDGE, MASACHUSETTS (NYTIMES) - Sitting in a plush chair and wearing a white blouse buttoned up to the neck, the young woman looks into the camera, smiles and offers advice about getting into a top American university.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
ARA US Hospitality Trust seeks to raise US$451 million in Singapore IPOSINGAPORE: ARA US Hospitality Trust launched an initial public offering in Singapore on Thursday to raise about US$451 million, for what would be ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
'Chinese family paid $9m' for place at StanfordNEW YORK • From the day in March that US prosecutors announced charges against 50 people in a sweeping college admissions fraud investigation, they have held out a tantalising mystery: an unnamed family that they said had paid the college consultant at the centre of the scheme US$6.5 million (S$8.9 million) - far more than any of the parents named in the case - to get their child into college.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
McKesson to pay US$37 million to resolve West Virginia opioid lawsuitREUTERS: Drug distributor McKesson Corp has agreed to pay US$37 million to resolve a lawsuit by the state of West Virginia seeking to hold it ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Alibaba to pay US$250 million to settle lawsuit over pre-IPO warning on counterfeitingAlibaba Group Holding Ltd said on Monday it will pay US$250 million to settle a U.S. lawsuit faulting the Chinese e-commerce company for ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
1MDB-linked superyacht in SingaporeLANGKAWI: The superyacht caught up in the 1Malaysia Development Berhad (1MDB) corruption storm had set sail for Singapore on Sunday, reported the New Straits Times. Langkawi police chief, Superintendent Mohd Iqbal Ibrahim, said the luxury vessel, which was called Equanimity...
Source: thenewpaper - 🏆 7. / 63 Read more »
1MDB-linked superyacht Equanimity renamed Tranquility after sale to Genting, docked in SingaporePETALING JAYA (THE STAR/ASIA NEWS NETWORK) - The superyacht Equanimity has been renamed Tranquility, according to the ship-tracking website Marine Traffic.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Jho Low’s 1MDB-linked luxury superyacht gets a new name and is now docked in SingaporeSeized by the Malaysian government last August and sold for S$170 million (US$126 million) earlier this month, the super yacht has been rechristened Tranquility and it is docked in Singapore, with the status: moored
Source: IndependentSG - 🏆 2. / 72 Read more »