Peter Brand Biography Peter Brand Wiki
The former Harvard fencing coach Peter Brand was arrested Monday for accepting more than $ 1.5 million in bribes from a telecommunications mogul to take the businessman’s two sons to the prestigious university.
SAC Joe Bonavolonta’s statement on this morning’s arrests of Peter Brand, a fmr fencing coach at Harvard College, and Jie Zhao, a MD businessman, for conspiring to secure the admission of Zhao’s two sons to Harvard in exchange for more than $1.5M in bribes https://t.co/tMpIzAyFOf pic.twitter.com/EkxE7613mx
— FBI Boston (@FBIBoston) November 16, 2020
Peter Brand sold his home to Maryland cohort and businessman Jie “Jack” Zhao
Then-financially struggling trainer Peter Brand sold his home to Maryland cohort and businessman Jie “Jack” Zhao for about $ 450,000 more than the program’s value, said. the government said in new court cases.
“[Zhao’s] boys don’t need to be great shooters. I just need good motivation to recruit them. You can tell him that,” Brand allegedly told a co-operating witness in May 2012. as part of the Million Dollar Admission Program.
Although the case is not part of the government’s famous Operation Varsity Blues, in which a number of wealthy parents, including actresses Lori Loughlin and Felicity Huffman, have been pinned down to top colleges for allegedly bribing their children , The principle is the same. .
The longtime former Ivy League fencing coach developed the plan with Zhao after Brand’s wife cursed her husband for several years for spending too much.
“Hi Peter, I still don’t think you understand that our Bank of America account has no overdraft protection and that we are barely able to pay the bills … yesterday you withdrew a total of 122 , $ 57. We had no money, ”Brand’s wife reportedly wrote to him in 2009.
“I spent the money from my inheritance on tutoring [one of the couple’s children],” she said. “Where does the money come from for the summer school, for next year’s classes, for the electricity bill?”
“I’m sorry, but you can’t use your bank card at all. If this happens again, we’ll have to cut your card. I cut my bank card several months ago. ”
Two years later, Brand’s wife was still seething with her spending habits.
“Peter, you used the debit card at Sudbury Farms again yesterday. STOP USING THE DEBIT CARD. NO WITHDRAWALS AND NO PURCHASES, ”she wrote in an email, repeating the last two sentences six more times in all caps, according to court records.
Brand reportedly emailed the government informant telling him that he would bring Zhao’s sons to Harvard via the fencing team
About a year later, in 2012, Brand reportedly emailed the government informant telling him that he would bring Zhao’s sons to Harvard via the fencing team in order to receive this “good incentive.”
Two months later, as Zhao’s eldest was preparing to apply to college, Federal Witness Brand asked if there was room for [the son of] … your favorite Chinese devotee? “Says the court records.
Brand reportedly replied, “Of course, as long as Z [h] ao gets away with the financial backing;). “He’s my # 1 recruit as long as my future is secure for us.”
Brand, 67, of Cambridge, Massachusetts, and Zhao, 61, of Potomac, are both charged with conspiracy to corrupt federal programs. The indictment has been in jail for up to five years.
The Boston Globe told the story of Brand’s highly suspicious home sale to Zhao – after the town surveyor reported it.
“The reviewer wrote in his notes; “SOLD TO VIRGINIA BUYERS FOR $ 990K ??? LOCATION IS 1960 VINTAGE IN BAD SHAPE ??? … It makes no sense,” court records said.
Zhao is also accused of funneling money to Brand through a charity founded by the fencing coach and his wife.
One of the tech businessman’s sons was accepted as a Harvard fencing recruit in December 2013, and the other followed in 2017.
The two men are scheduled to appear separately in federal court on Monday.