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A general view of the Baker Library/Bloomberg Center on February 17, 2024, at Harvard Business School in Allston, MA. A Harvard Business School graduate tricked his fellow alumni and associates into investing at least $2.9 million in a Ponzi scheme he ran, New York Attorney General Letitia James said Thursday. Artamonov allegedly lured at least 29 investors into the scheme, most of whom he met through his connections to the elite college, the attorney general said. "Vladimir Artamonov used his alumnus status from Harvard Business School to prey on his classmates and others while seeming legitimate and dependable. Harvard Business School did not immediately respond to a request for comment.
Persons: Letitia James, James, Vladimir Artamonov, Berkshire Hathaway, Artamonov, Artamonov's, fraudsters Organizations: Baker Library, Bloomberg Center, Harvard Business School, New York, Finance Locations: Allston , MA, Berkshire, Manhattan
Since the Supreme Court’s decision on race-based admissions, Wesleyan University and the University of Minnesota dropped legacy admissions. A 2022 report from nonprofit think tank Education Reform Now found that colleges were turning away from legacy admissions. Eighty-nine percent of college admissions directors did not support the use of legacy admits, and three-quarters of public colleges and universities didn’t even provide a legacy preference. “In that admission process, that legacy extra boost really can make a difference.”Donations, donations, donationsSome colleges say that legacy admissions play a financial role in keeping donors engaged. Casey added that getting rid of legacy admissions won’t change the compositions of the nation’s most elite colleges overnight.
Persons: Michael Roth, , , Brian Snyder, EFN, Joan Casey, we’ve, ” Casey, Gabrielle Starr, ” Starr, ” Chris Peterson, hasn’t, Starr, isn’t, “ Dartmouth, , Lee Coffin, Charles Krupa, ” Dartmouth, Casey, ” What’s, they’re Organizations: New, New York CNN, US, Court, American Civil Liberties Union, Wesleyan University, University of Minnesota, Johns Hopkins University, Pomona College, ” Wesleyan, CNN, Pew Research Center, Harvard University, Let’s, Harvard, Educational, Inc, Pomona, , Massachusetts Institute of Technology, MIT, Culture Colleges, Baker Library, Dartmouth College, Dartmouth, US Department of Education, Harvard University discriminates Locations: New York, Cambridge , Massachusetts, Massachusetts, Pomona, Claremont , California, California, ” Pomona, Hanover, N.H
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