CEO Of Hyannis Port Capital Indicted In College Admissions Scandal

A federal grand jury has handed down a fourth superseding indictment against one of 15 parents implicated in the college admissions scam.

John Wilson of Lynnfield, the founder and CEO of Hyannis Port Capital, indicted on one count of filing a false tax return.

Wilson, according to the indictment paid 220 thousand dollars to get his son into USC but then deducted that figure from his 2014 taxes as a charitable donation.

Arraignment dates have not been scheduled yet.

If convicted he could get up to 3 years in prison and a 100 thousand dollar fine.

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