Crime & Safety
Weston Man Pleads Guilty To Wire Fraud, Student Recruitment Scam
The man pleaded guilty in connection with a scheme to defraud private high schools and international students of millions of dollars.
WESTON, MA β A Weston man agreed to plead guilty in connection with a scheme to defraud private high schools and international students of millions of dollars in tuition and other fees.
Keenam βKasonβ Park, 59, of Weston, has agreed to plead guilty to one count of wire fraud. A plea hearing has not yet been scheduled by the Court. According to the terms of the plea agreement, the government will recommend a sentence of 51 months in prison, two years of supervised release, a fine and restitution or forfeiture of at least $5,192,330.
According to the charging documents, Park had EduBoston collect tuition and other payments from studentsβ families for the 2019-2020 academic year but never gave the tuition payments to partnering schools. Instead, Park used the funds on unrelated expenses, including personal expenses. Park also caused EduBoston to collect advance tuition and other payments for the 2020-2021 academic year, which Park failed to return to the studentsβ families after EduBoston went out of business around September 2019. As a result, EduBoston owes over $5 million to partnering schools.
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The charge of wire fraud provides for a sentence of up to 20 years in prison, up to three years of supervised release, and a fine of up to $250,000 or twice the gross gain or loss from the offense. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.
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