Disgraced Tycoon FOUND DEAD!

Real Estate Developer Found Hanging in His Home

A wealthy real estate developer caught up in a 2019 college admissions scam has died in an apparent suicide. Robert Flaxman was found dead in his Malibu home last week. Police don’t suspect foul play.

In March 2019, federal prosecutors announced they’d uncovered a scam aimed at getting dozens of high school students into prestigious universities. Authorities charged 53 people with paying fixer Rick Singer a total of over $25 million to influence college admission procedures.

Singer used his influence and bribery to help students cheat on entrance exams, obtain fake disability paperwork, or persuade college administrators to bend the rules. Los Angeles real estate developer Robert Flaxman’s son and daughter were among the 33 students who benefited from the scam.

In 2019, a court indicted Flaxman for paying $325,000 to help get his children into university. He pleaded guilty on one charge of paying Singer $75,000 to get his daughter’s ACT moved to a test center where a corrupt proctor could help her answer the questions. The court fined him $50,000, and he spent a month in prison.

On October 20, friends asked police to conduct a welfare check on Flaxman at his home in Malibu, California. When officers arrived, they found the 66-year-old hanged inside the house. The Los Angeles County Medical Examiner has ruled his death a suicide and closed the case.