Federal prosecutors charged dozens of people on Tuesday in a giant college entrance scandal in which wealthy parents paid bribes and worked with cooperating witnesses to get their children into top colleges across the U.S.
Federal prosecutors charged dozens of people on Tuesday in a giant college entrance scandal in which wealthy parents, including some high-profile actresses and a slew of business executives, paid bribes and worked with cooperating witnesses to get their children into top colleges across the U.S.
Among those charged with fraud are actresses Felicity Huffman, who starred in ABC's"Desperate Housewives," and Lori Loughlin, who appeared in ABC's"Full House," as well as business executives like Douglas Hodge, a former CEO of Pimco investment management company, and Manuel Henriquez, chairman and CEO of Hercules Technology Growth Capital, whose stock price fell more than 9 percent Tuesday afternoon.
Singer pleaded guilty Tuesday to four charges: racketeering conspiracy, money laundering conspiracy, conspiracy to defraud the U.S. and obstruction of justice. One parent submitted both her daughter's fake SAT score and a profile that falsely said she was a"3-year Varsity Letter winner" in water polo, along with an altered picture, according to the indictment. In another instance, parents paid Singer over $1 million to get their child into Yale with a lie that she was a captain of a soccer team.
These parents paid between $15,000 and $75,000 per test to exam administrators who gave students answers, corrected their work or let others pose for them, according to the indictment.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Former Pimco CEO Douglas Hodge charged in major college cheating schemeHodge, who served as Pimco CEO from 2014 to 2016, allegedly agreed to use bribery to facilitate the admission of two of his children to the University of Southern California as athletic recruits.
Read more »
Actresses charged in college admissions cheating scheme: Live updates.BrookeBCNN: Remember back when you studied hard 'and spent all the extra time on scholarship applications, and then waited with bated breath for the letter or e-mail to come in the mail? Turns out if you are rich and famous, you could have paid for it.'
Read more »
Federal Prosecutors Charge Dozens in College Admissions Cheating SchemeProsecutors said the operation involved paying admissions-test administrators to help the students raise their test scores, by either having someone else take the test, or correcting their answers before they were submitted
Read more »
FBI accuses wealthy parents, including celebrities, in college-entrance bribery schemeAuthorities say the defendants used “bribery and other forms of fraud” to facilitate their children’s admission schools such as Georgetown, Yale and Stanford.
Read more »
Actresses Lori Loughlin, Felicity Huffman among 40 charged in college entrance exam cheating plotThe scheme involved students who attended or were seeking to attend Georgetown University, Stanford University, UCLA, and other top colleges, NBC News reports.
Read more »
TV actresses among 40 people charged in college exam cheating plotBREAKING: FBI and federal prosecutors say they have uncovered a widespread college entrance exam cheating scheme that got athletes into elite schools, according to unsealed court documents.
Read more »
Feds uncover large-scale college entrance exam cheating plotBREAKING: FBI and federal prosecutors say they have uncovered a widespread college entrance exam cheating scheme that got athletes into elite schools, according to unsealed court documents.
Read more »
TV stars and coaches charged in college bribery schemeHollywood stars Felicity Huffman and Lori Loughlin were charged along with nearly 50 other people in a scheme in which wealthy parents bribed college coaches and other insiders to get their children into elite schools, federal prosecutors say.
Read more »