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Philanthropist’s son enters guilty plea

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From Times Staff and Wire Reports

Harry Rady, son of philanthropist Ernest Rady, pleaded guilty in federal court Tuesday to one count of receiving firearms without a license. Court records show that Rady, 40, spent more than $10,000 on weapons, including three Romanian AK-47s, a semiautomatic assault rifle, and several other rifles and handguns.

Rady, of La Jolla, faces a possible five years in prison and $250,000 fine when he is sentenced Oct. 22.

His father made a fortune in the auto finance business; his charitable donations include $60 million to the children’s hospital in San Diego, which bears his name, and $30 million to UC San Diego.

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