Federal prosecutors today charged more than 50 people in six states with taking part in a $25 million bribery and cheating scheme to get the children of wealthy parents into elite colleges including Yale, Georgetown, Stanford and UCLA. It is the government’s largest-ever college admissions prosecution.
A news release from the U.S. Attorney’s office in Boston calls the scheme a “nationwide conspiracy” and says that numerous arrests have been made. Defendants include athletic coaches, parents and exam administrators.
Prosecutors say that William “Rick” Singer, 58, ran the scheme through his Newport Beach, California, company, Edge College & Career Network. His clients included business executives, a fashion designer, a top lawyer and Hollywood actresses Felicity Huffman, best known for her role on the TV show Desperate Housewives, and Lori Loughlin, who played a character on Full House.
The full original article can be found at forbes.com