Harvard University says it is reviewing a real estate transaction involving its longtime fencing coach and a man whose son was later admitted to the school and joined the team. The house sold for hundreds of thousands more than its assessed value.
This March 20, 2019, photo shows a home that once belonged to Peter Brand in Needham, Mass. Harvard University says it has launched an independent review of a real estate transaction involving Brand, its longtime fencing coach, and a man whose son was later admitted to the school and joined the team. Brand in 2016 sold his three-bedroom, suburban Boston home, which was assessed at the time for $549,300, to Jie Zhao for nearly $1 million, The Boston Globe reported.
On Friday, a lawyer who was among the wealthy parents charged in the scandal said he planned to plead guilty and apologized for his actions. Gordon Caplan, of Greenwich, Connecticut, is the second parent to announce plans to plead guilty. Caplan is accused of paying $75,000 to get a test supervisor to correct the answers on his daughter’s ACT exam after she took it.
He said he became friendly with Brand after his older son was admitted to Harvard and began fencing. His younger son, Zhao said, was a strong fencer and had outstanding grades and test scores that likely would have earned him admission to the university in any case. Brand never asked him to buy the home, Zhao added.
“We are committed to ensuring the integrity of our recruitment practices,” spokeswoman Rachael Dane said.
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