Daniel Thibeault, president and CEO of Massachusetts-based Graduate Leverage, LLC, pleaded guilty to both charges on March 3 in U.S. District Court in Boston. According to the U.S. Attorney’s Office, Thibeault admitted to a scheme that involved using mutual-fund money to issue fictitious loans, as well as making numerous false statements to
Graduate Leverage (GL) is a student loan consolidation and debt management company founded by post-graduates from Harvard, Boston College and the UC Irvine College of Medicine. Working with the nation's top financial aid offices and student body organizations GL provides an unbiased source for information on student loan consolidation and debt
Thibeault founded Graduate Leverage in 2003 with four fellow students of Harvard University Business School. The young entrepreneurs started with a website and toll-free telephone number, dispensing information to students and graduates about the often confusing realm of educational debt, according to a Feb. 5, 2004, article in the Harvard