Former Pimco Chief to Plead Guilty in College-Admissions Case

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Douglas Hodge, the former chief executive of one of the world’s biggest bond managers, is expected to plead guilty in the nationwide college-admissions scandal

BOSTON—Douglas Hodge, the former chief executive of one of the world’s biggest bond managers, will plead guilty in the nationwide college-admissions scandal, the U.S. Attorney’s Office in Massachusetts said Thursday.

Mr. Hodge, the former head of Pacific Investment Management Co., would be the 16th parent to plead guilty out of 35 criminally charged in Operation Varsity Blues.

 

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Nice. I hope the kid gets help.

Good grief! He's got to be rolling in money!

No one is a saint

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