Ex-TPG senior exec Bill McGlashan gets three-month prison sentence: Reuters

Bill McGlashan, a former managing partner at TPG Growth and co-founder of The Rise Fund, has been sentenced to three months in prison for his role in a college bribery scheme, reported Reuters.

Bill McGlashan, a former managing partner at TPG Growth and co-founder of The Rise Fund, has been sentenced to three months in prison for his role in a college bribery scheme, reported Reuters. The news outlet noted that McGlashan paid $50,000 “to rig his son’s college entrance exam results.” In addition to serving his sentence, McGlashan was also ordered to pay a $250,000 fine.

Source: Reuters