College admissions scandal: Wealthy parents told to make deal or face more charges - News Summed Up

College admissions scandal: Wealthy parents told to make deal or face more charges


Prosecutors allege that Singer instructed parents to donate funds to a fake charity he had established as part of the scheme. Most of the parents paid at least $200,000, but some spent up to $6.5 million to guarantee their children admission to top universities, authorities said. Parents were then able to deduct the donation from their income taxes, according to the Internal Revenue Service.


Source: Los Angeles Times March 19, 2019 16:06 UTC



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