The rich and famous are accused of paying up to $6 million to gets kids admitted to elite schools.
12 Mar, 2019FORTUNE.COM
A who’s who of famous names, from actresses to CEOs, have been arrested as part of a national college admissions cheating scam, according to court records unsealed in Boston Tuesday.
Actresses Felicity Huffman and Lori Loughlin are among the more than 40 people arrested for paying bribes to get their children into elite schools, including Georgetown, Stanford, UCLA and Yale.
The scam, said prosecutors, arranged for children to be recruited as athletes, regardless of their athletic abilities. Academic officials, including the former women’s soccer coach at Yale University are also facing charges.
The bribes reportedly went has high as $6 million. The children, generally, did not realize their admission was due to a bribe.
Huffman and her spouse, actor William H. Macy, allegedly “made a purported charitable contribution of $15,000…to participate in the college entrance exam cheating scheme on behalf of her eldest daughter. Huffman later made arrangements to pursue the scheme a second time, for her younger daughter, before deciding not to do so.”
Loughlin and her husband are accused of agreeing to pay $500,000 in bribe to have their daughters recruited to the USC crew team, even though they had not previously participated in crew sports.