![Douglas Hodge, the former chief executive of the investment firm Pimco, arrives at a Boston courthouse before being sentenced in connection with a nationwide college admissions cheating scheme](https://s.wsj.net/public/resources/images/FN-AJ687_FN_HOD_M_20200207130236.jpg)
Douglas Hodge, the former chief executive of bond giant Pimco, was sentenced Friday to nine months in prison for his role in the sprawling college-admissions cheating scandal that has ensnared more than 50 parents, coaches and others.
Hodge was also ordered to pay a $750,000 fine. In handing down the harshest sentence to date, a federal judge cited Hodge’s “repeated and enduring criminal conduct.”