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Thu Jul 30, 2020, 06:34 AM

College scandal: Six months for Atherton financier whose wife, daughter gloated over cheating

An Atherton financier whose wife and older daughter were said to have gloated over her test cheating in the college admission scandal was sentenced Wednesday to six months in prison for his role in buying his daughters’ ways into elite schools through a corrupt admissions consultant.

Hercules Capital founder Manuel Henriquez’ sentence was a month more than the five months prosecutors had suggested. Henriquez also was ordered to conduct 200 hours of community service and pay a fine of $200,000.

Henriquez, 56, who has since stepped away from the Palo Alto venture capital firm, was contrite in a July 21 letter to U.S. District Judge Nathaniel Gorton begging for mercy.

“I fully realize and acknowledge that what I have done was wrong, illegal, unfair, and hurtful, especially to the many honest college applicant students and parents,” Henriquez wrote. “I am ashamed of my actions of putting myself and my family over all the children and parents who played by the rules.”

Read more: https://www.mercurynews.com/2020/07/29/college-scandal-atherton-financier-whose-wife-daughter-gloated-over-cheating-sentenced/
(San Jose Mercury News)

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