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Mother says she thought $6.5m was a donation to Stanford [Copy link] 中文

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Post time 2019-5-5 09:49:22 |Display all floors
(Global Times) The mother who paid $6.5 million allegedly to help to get her daughter into Stanford University said that she was misled into thinking that the family donated to the university through an education consultant.

The mother of Zhao Yusi, the student, said that "she has been misled, her generosity has been taken advantage of, and her daughter has fallen victim to the scam," in a statement sent to the Global Times through Vincent W C Law, a partner at law firm Mayer Brown in Hong Kong on Friday.

"Both Mrs. Zhao [the mother] and Yusi have been shocked and deeply disturbed by what has transpired, and have engaged attorneys to handle the matter," the statement said.

The statement did not give  information about the father.

Zhao Yusi's father, Zhao Tao, is reportedly the chairman of Shandong Buchang Pharmaceuticals, a supplier of traditional Chinese medicine to fight cardiovascular disease. Zhao Tao, 53, born in Xi'an, Northwest China's Shaanxi Province, is a citizen of Singapore reportedly worth $1.8 billion, Forbes reported.

Zhao Tao said on Friday his daughter's studies in the US are a personal matter and she didn't receive any funds from the company. As a listed company, Buchang's operations are independent and will not be influenced by personal matters, he said in a statement via the law firm on the company's website.

Wang Lu, a Buchang employee based in East China's Shandong Province, told the Global Times on Friday that if the Shanghai Stock Exchange (SSE), where Buchang was listed in 2016, asks the company about the event, they will report it to the SSE. So far, the SSE has not asked the company about the matter.

The statement from the law firm said Zhao Yusi's mother sought assistance for her daughter through recommendations from third parties, and consulted education advisors as she was not familiar with the college admissions process.

One of the education advisors consulted was William "Rick" Singer.

Zhao received an offer from Stanford in March 2017. Afterwards, Singer asked Zhao's mother to make a donation to Stanford through his foundation for "the salaries of academic staff, scholarships and athletics programs" and to help students who cannot afford Stanford." Zhao's mother then donated $6.5 million to Singer's foundation in April 2017, according to the statement.

CNN reported that Singer was the owner of college counseling and prep business The Key and CEO of the Key Worldwide Foundation.

Singer allegedly facilitated cheating in tests and bribing college coaches and administrators during admissions, according to the CNN report.


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Post time 2019-5-5 12:16:30 |Display all floors
What a lie! Mrs Zhao must have known it was meant to help her daughter get into Stanford!  Why would a Chinese mother thousands of miles away and who admitted she knew not much about the US college system want to make such a huge 'donation'? Go figure that out!!

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Post time 2019-5-6 09:43:20 |Display all floors
pnp Post time: 2019-5-5 12:16
What a lie! Mrs Zhao must have known it was meant to help her daughter get into Stanford!  Why would ...

A further check will show you that this so called donation did not come from any China province and that a foreign bank handled the transaction...

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Post time 2019-5-6 10:31:19 |Display all floors
emanreus Post time: 2019-5-6 09:43
A further check will show you that this so called donation did not come from any China province an ...

Perhaps, but the funds come from this Zhao family, to get their daughter into Stanford!

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Post time 2019-5-6 11:51:57 |Display all floors
pnp Post time: 2019-5-6 10:31
Perhaps, but the funds come from this Zhao family, to get their daughter into Stanford!

This is a scandal alright!

Who else is involved in such activities in the past 35 years?

How many students got into Ivy League or other 1st Tier schools in similar ways -- not necessarily through this agent Singer but through other secretive channels, some even changing the students' names (and therefore names on the transcripts themselves) in order to get their sons and daughters into such schools?

President Xi just received Harvard's president in Beijing last month -- I think he wanted to root out corruption as he always did by asking Harvard's president to give him names of Chinese students who had been admitted to Harvard through irregular channels so that he could punish them like he had punished other corrupted officials.

This thing can go big unless the Harvard president doesn't want to cooperate with President Xi.

We must admire the Chinese leader's courage and probity in rooting out such matters and I hope the schools will co-operate with him in stamping out corruption.

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Post time 2019-5-6 13:01:32 |Display all floors
emanreus Post time: 2019-5-6 09:43
A further check will show you that this so called donation did not come from any China province an ...

That means the account from which the money was paid was a U.S. account.

Many Chinese businesses have accounts in the U.S.

So to pay the agent from such a U.S. business account wouldn't have been difficult.

I said in the OMEN thread at the TTCD forum this could be a big scandal and many parents could be having sleepless nights.

It is happening right before our eyes.

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Post time 2019-5-6 13:03:51 |Display all floors
That's probably one of the things the Harvard president was in Beijing for last month.

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