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William McGlashan to face three months in prison, $250,000 fine Uploaded: Fri, Feb 5, 2021, 6:32 pm 4 Time to read: about 3 minutes On Feb. 5, former Palo Alto resident William McGlashan pleaded guilty to charges related to the college admissions scam. Courtesy Photospin. A former Palo Alto resident and one-time Gunn High School student has agreed to plead guilty to a single federal charge in the 2019 national college admissions scam that involved more than 50 parents, sports staff and test proctors. William McGlashan, 57, a former senior executive at the global private equity firm TPG Capital and co-founder of the nonprofit The Rise Fund, will plead guilty to one count of aiding and abetting wire fraud and honest services wire fraud by Feb. 15, according to federal court documents. A plea hearing has not yet been scheduled.

United statesMenlo parkMarci palatellaElizabeth henriquezPeter jan sartorioAgustin huneeus jrManuel henriquezJohn vandemoerWilliam mcglashanGregory colburnDonna heinelDavina isacksonMark riddellMarjorie klapperRise fundKey worldwide foundation