Manuel Henriquez

Prosecutors accused Mr. Henriquez, the founder of Hercules Capital, a financial firm in Palo Alto, and his wife, Elizabeth, of conspiring to cheat on college entrance exams for two daughters, as well as paying $400,000 to bribe the tennis coach at Georgetown to designate their older daughter as a recruit to the team based on false credentials. Prosecutors announced on Monday October 21 2019 that Mrs. Henriquez had agreed to plead guilty, suggesting that negotiations in the case had continued right up until the deadline.