It turns out that the individual who told federal authorities about the $25 million college-bribery scam reportedly did so because he was being investigated for securities fraud.

The Securities and Exchange Commission named Morrie Tobin, who attended Yale and has three children who have also studied there, in a recent examination of four people tied to a fraud scheme involving stocks in two drug firms.  

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]