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Former University President Troubles

Looks like the University of Tennessee isn’t the only institution that’s had them:

A former University of South Carolina president was sentenced Monday to three years in prison for scheming to get visas under false names and launder drug money.
James Holderman, 68, of Charleston, South Carolina, will face three years’ probation and community service after completing his sentence. U.S. District Judge Paul Huck denied him bond and sent him straight to prison.
. . .
Holderman’s 13 years at the university ended in a financial scandal in 1990. He was convicted of state charges in that matter and subsequent federal bankruptcy fraud charges.