March 15, 2019

Charge: Conspiracy to commit mail fraud and honest services mail fraud.

Manuel Henriquez is the founder, chairman and CEO of Hercules Capital, a publicly traded specialty finance company based in Palo Alto. Manuel Henriquez and his wife, Elizabeth Henriquez, live in Atherton, Calif.

The couple allegedly participated in the college entrance scheme multiple times for their two daughters.

Manuel Henriquez allegedly was supposed to be billed $75,000 at one point, but instead of paying for the cheating, he agreed to use his influence at Northeastern University, where he is an alum and former member of one of the university’s governing bodies, to secure admission for an unnamed applicant, according to the complaint.

The Henriquezes are also accused of conspiring to bribe Gordon Ernst, the head tennis coach at Georgetown, to enlist their older daughter as a tennis recruit to ease her admission to the university.