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by Mike Caswell
Advantage Lithium Corp.'s David Sidoo has pleaded not guilty to charges he faces for cheating the U.S. college admissions system. Mr. Sidoo, 59, entered the plea in an appearance before Magistrate Judge Jennifer Boal on Friday, March 15, in Boston. The judge allowed him to remain free on a $1.5-million bond. (All figures are in U.S. dollars.)
The plea comes as part of a case in which prosecutors claim that Mr. Sidoo, who sits on the UBC board of governors, paid to improve the scores of his children on the SATs. He allegedly paid $200,000 to have a Florida man take the tests in place of his children, using false identification. Mr. Sidoo is one of 50 executives and celebrities, most from California, facing charges in the scheme.
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