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CrimeTwo More Parents Are Indicted in College Admissions Scandal

22:30  26 march  2019
22:30  26 march  2019 Source:   bloomberg.com

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One other parent , David Sidoo, was previously indicted for twice paying 0,000 for a surrogate to take tests for his two sons. The Colburns and Sidoo are among 33 parents charged in the scandal , which erupted March 12 when federal prosecutors in Boston announced the sweeping case.

A major college admissions scandal has laid bare the price of entry for some wealthy families — and the cost for everyone else. In its investigation, known internally as Operation Varsity Blues, the government focused on the 33 indicted parents .

Two More Parents Are Indicted in College Admissions Scandal© Photographer: Scott Eisen/Getty Images Singer college GETTY Sub (Bloomberg) -- A couple arrested this month for paying bribes to get their son into an elite college were indicted in Boston, becoming the second and third parents to be accused by a federal grand jury in a wide-ranging admissions scandal.

Gregory and Amy Colburn allegedly conspired to commit wire fraud and launder money by paying college admissions counselor William Rick Singer, the plot’s ringleader, to have a proctor correct their son’s answers on the SAT college entrance exam. One other parent, David Sidoo, was previously indicted for paying $100,000 for a surrogate to take his son’s test. He has pleaded not guilty.

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A federal grand jury indicted 16 parents for money-laundering conspiracy in connection with the college - admissions cheating scandal , including actress Lori Loughlin and her husband, fashion Two of the parents were later indicted on that and a charge of money-laundering conspiracy.

He admitted that he conspired to pay more than 0,000 in bribes to get two of his children admitted to U.S.C. as athletic recruits. Two of the lawyers said it was possible that additional parents would also be charged in the scandal . A representative for the United States attorney’s office declined to

The Colburns and Sidoo are among 33 parents charged in the scandal. The scam came to light March 12, when the U.S. attorney in Boston announced the case. Singer has pleaded guilty and has cooperated with prosecutors.

Calls and emails to the Colburns’ attorney David Schumacher weren’t immediately returned.

The indictment signals that prosecutors are taking a hard line with at least some of the parents by charging them with felonies that carry significant prison time. While parents may seek plea deals for misdemeanors that would keep them out of jail, it’s unclear whether the government will strike such deals with most, if any, of the parents. Some parents may seek to clear their names in a trial.

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Here’s a list of the rest of the parents caught up in the college admissions scandal , including CEOs and other Felicity Huffman and Lori Loughlin are the two biggest names in this scandal . Who are the rest of them? Felicity Huffman — An actress who most notably starred in Desperate Housewives.

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Read More: Parents Who Cop to College Admissions Scam May Stay Out of Jail

The U.S. says wealthy parents -- including celebrities, a top mergers attorney and a venture-capital CEO -- paid Singer to get their kids into schools including Yale, Georgetown, Stanford, Wake Forest and the University of Southern California. He used the funds they gave him to pay off surrogate test takers and to bribe college coaches to designate applicants as athletic recruits, according to the charges.

William Rick Singer leaves Boston Federal Court on March 12.

The parents paid a total of $25 million from 2011 to 2018, the government claims, for admission to a top university and the lifelong advantages that can flow from it. Singer claimed he engineered almost 800 bribes to coaches.

While the bribes to coaches were typically in the hundreds of thousands of dollars, other payoffs were more modest. Prosecutors claim that the Colburns, of Palo Alto, California, paid $25,000 in cash and stock for an accomplice of Singer, Mark Riddell, to correct their son’s answers at a West Hollywood testing center. Singer secretly recorded a conversation with the couple last fall.

Riddell, who worked in test prep at a private Florida school, has agreed to plead guilty to conspiracy and money laundering.

(Updates with analysis in the fifth paragraph and details of the Colburns’ alleged role in the penultimate paragraph.)

To contact the reporter on this story: Janelle Lawrence in Boston at jlawrence62@bloomberg.net

To contact the editors responsible for this story: David Glovin at dglovin@bloomberg.net, Peter Jeffrey

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

Read More

Parents in college scam are asking about prison life: "Is there internet?".
"They're scared and it's 'Can I survive in prison? Am I cut out for prison?'" said Justin Paperny, who served prison time for fraud and now works with wealthy clients as a prison consultant. He told CBS News he has been hired by one parent charged in the scheme and is in talks with several others. "They're scared and it's 'Can I survive in prison? Am I cut out for prison?'" Paperny said. "What's most surprising to me about the first conversation is how many of them didn't view their actions as criminal.

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