LISTEN LIVE

college admissions fraud

A federal judge in Boston has handed down the stiffest penalty yet in the massive college admissions scandal. Douglas Hodge, the former CEO of the global investment giant PIMCO, has been sentenced to nine months in prison.

U.S. District Judge Nathaniel Gorton also sentenced Hodge, 61, to two years of supervised release and 500 hours of community service. He also must pay a fine of $750,000.

The fallout — and fascination — continue from the massive college admissions scandal.