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Former Pimco CEO Sentenced to Nine Months in Prison in College Admissions Case

Douglas Hodge, the former chief executive of bond giant Pacific Investment Management Co., was sentenced Friday to nine months in prison, the longest sentence to date for any parent charged in the sprawling college-admissions cheating case.

Mr. Hodge, 62 years old, paid a total of $850,000 to the company and charity of the scheme’s ringleader, William “Rick” Singer, as well as to Georgetown’s former tennis coach and a University of Southern California account controlled by an administrator who was also charged in the case. His tab was the largest of any of the 36 parents charged.

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