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bribes

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Maryland Businessman Accused of Paying $1.5 MILLION in Bribes to Get His Sons Into Harvard

harvard

A Maryland businessman and an ex-Harvard fencing coach were arrested and charged with conspiring to secure the admission of the former’s two sons to the Ivy League university in exchange for bribes.

Jie “Jack” Zhao, 61, allegedly paid Peter Brand, 67, more than $1.5 million over the course of several years, which came in the form of money, a house, a car and college tuition payments for his child.

Here’s How Much Money in Bribes Chinese Officials Can Now Take Before They Get Sentenced to Death

Bribery and corruption is not an unfamiliar practice in Chinese politics. But how much can one get away with before being sentenced to the chopping block?

That magic number happens to be $463,000, or about 3 million yuan, according to a statement released on April 18 by Chinese judicial authorities. Anyone who embezzles or accepts bribes of that amount or greater will be met with the death penalty.