Prosecutors say Adam Wheeler committed larceny and identity fraud, stealing $45,000 in Harvard scholarship money. Peers recall a quiet overachiever with a knack for grandiose self-description and a plan to become a lawyer—or so he told them.

Someone hit the "panic" button beside Larry Summers' desk—the Ivory Tower has been breached! A 23-year-old former Harvard student, Adam Wheeler, stands accused of lying in his Harvard, Fulbright, and Rhodes applications, and now faces 20 criminal charges.