Wealthy Silicon Valley Parents Among 50 Indicted in Sweeping College-Admissions Scandal

Wealthy Silicon Valley Parents Among 50 Indicted in Sweeping College-Admissions Scandal

The parent company of McGlashan's TPG Growth, TPG, also is the majority owner of CAA and helped launch STX Entertainment, among other Hollywood entities.

Ernst has not coached the Georgetown tennis team since December 2017, following an internal investigation that found he had violated University rules concerning admissions, according to the Georgetown statement.

Gordon Caplan, Douglas Hodge, and Bill McGlashan have been charged on Tuesday - along with 40 others, including actresses - in a college admissions scam in which wealthy parents bribed coaches and other insiders at testing centers in an effort to get their children into some of the most elite schools in the country.

"Stanford has been cooperating with the Department of Justice in its investigation and is deeply concerned by the allegations in this case", school officials stated. Some parents spent hundreds of thousands of dollars, as much as $6.5 million, to guarantee their children's admission, officials said. Representatives for Loughlin had no comment.

At a court hearing Tuesday in Maryland, a federal magistrate freed Ernst on $200,000 bond. Ernst had planned to attend a job interview in Toronto soon, he said, "although I don't know the impact from these proceedings".

UT Austin said in a statement that authorities notified the school this morning "that we were victims of an organized criminal effort involving admissions".

They paid a bogus charity run by Californian William Singer more than $25 million (about R360 million) over seven years both to arrange for people to fix SAT and ACT entrance exams for their children, and also to bribe university sports coaches to recruit their children, even when the children were not qualified to play at that level.

"He does have really strong legs", McGlashan told Singer, according to charging records.

Actor Felicity Huffman departs an initial hearing for defendants in a racketeering case involving the allegedly fraudulent admission of children to elite universities, at the United States federal courthouse in downtown Los Angeles.

Some attempted to ply the sport and then quit; some claimed injuries and never joined the teams, others, Lelling said, "simply never showed up" to play.

The indictment was the largest concerning fraud in the college application process, according to Andrew Lelling, a US attorney in Boston who helped prosecute the case. She added that the university had identified at least $1.3 million in donations from those alleged to have been involved in the scheme, and those funds will be redirected to scholarships for underprivileged students.

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