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Ex-Pimco chief Hodge will plead guilty in college admissions case

Douglas Hodge is accused of working with scheme’s ringleader to falsify his children’s applications for Georgetown, USC

Douglas Hodge
Douglas Hodge Photo: Getty Images

Douglas Hodge, the former chief executive of one of the world’s biggest bond managers, will plead guilty in the nationwide college admissions scandal, the US Attorney’s Office in Massachusetts said Thursday.

Hodge, the former head of Pimco., would be the 16th parent to plead guilty out of 35 criminally charged in Operation Varsity Blues.

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