He tipped off the FBI 'hoping for leniency' in his own securities fraud case, the WSJ reports.
He tipped off the FBI"hoping for leniency" in his own securities fraud case, the WSJ reports.The University of Southern California in Los Angeles, California is one of the institutions at the centre of the largest admissions scandal ever to be prosecuted in the U.S.
Clifford Margolese, 55, said he and Tobin were"thick as thieves" when they grew up together in the predominantly Jewish Montreal neighbourhood of Cote St-Luc. The Wall Street Journal described Tobin as a Los Angeles financier who tipped off federal authorities to the admission scandal"hoping for leniency" in his securities fraud case. The newspaper reported that Tobin's information led to the arrests in the alleged nation-wide college admissions scheme.
Margolese said he lost contact with Tobin when they were both in their early 20s, after he had moved to British Columbia and Tobin began playing hockey for Yale University in New Haven, Conn.
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