At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Scheme - Page 6
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  1. #66
    BamaNation Hall of Fame 92tide's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by RTR91 View Post
    They didn't do it through charitable donations (which is the way many accept this happens). They did it under the table, so they committed wire fraud and tax evasion.
    from an associate press article this morning

    The mastermind of a wide-ranging college admissions scandal set up a charity that wove a deep web of deception and fraud to mask bribes and payoffs, funneling millions of dollars through the tax-exempt organization under the nose of U.S. officials, according to prosecutors and tax documents reviewed by The Associated Press.

    William “Rick” Singer registered Key Worldwide Foundation as a charity in 2013, gaining accredited 501(c)3 status with the federal government. Its tax filings reported revenue that doubled each year, from $451,600 in its first year to $3.7 million in 2016.


    Singer, painted by prosecutors as the ringleader of the biggest school admissions scandal ever prosecuted by federal authorities, is accused of funneling money from wealthy parents through his foundation, then using it to bribe coaches and others to get their children into elite universities.

    Prosecutors said he also accepted so-called donations from clients to help their kids get a coveted enrollment spot through cheating. The scheme allowed the parents to claim tax deductions for themselves.
    The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.

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  2. #67
    BamaNation All-American CrimsonNagus's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by B1GTide View Post
    Sorry, but this is silly. Putting people in jail for paying extra for college. None of these parents is a criminal. The guy running it is the criminal. The rest is just people paying for access. Even poor people do this, but in different aspects of their lives.
    Just like when you pay a hitman to take someone out, right. Just paying for access, the dude pulling the trigger is the only one committing a crime. /bluefont



    They deserve every bit of jail time they get. The rich elites are destroying this country so, I love it when there world comes crashing down. Punish the kids too, I don’t believe they didn’t know. You know if you didn’t take the ACT, you know if you are not an athlete but are on an athletic scholarship.

  3. #68
    REC | FB | BB Moderator RTR91's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by 92tide View Post
    from an associate press article this morning
    Ahh, thanks. Didn't realize that was how they did it. Only thing I had heard was that they were paying the bribes.
    "I don't know what class is but I can tell when one has it, you can tell from a mile away"
    -- Coach Bryant

    "We always talk about playing 60 minutes but this is a 60-10 game: the 60 minutes of the game and the 10 minutes in the locker room after the game that you remember for the rest of your life."
    -- Nick Saban day after beating Clemson

  4. #69
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by 92tide View Post
    well, it appears that all of the bribery was being done through a scam charity organization with the parents "donating" money (which i assume was tax deductible) and then that money being "donated" to the university(s). that definitely falls under the purview of the feds.
    You're exactly right. One example, Gordan Caplan, a defendant, paid $75K to a sham charity set up by Rick Singer to get his kid in Yale, I believe.

  5. #70
    BamaNation Hall of Fame 92tide's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by RTR91 View Post
    Ahh, thanks. Didn't realize that was how they did it. Only thing I had heard was that they were paying the bribes.
    i just saw that first thing this a.m. takes it to a whole different level.
    The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.

    - George Orwell

    If they can get you asking the wrong questions, they don’t have to worry about the answers.

    — Thomas Pynchon

  6. #71
    BamaNation Hall of Fame B1GTide's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    This is all politics and has nothing to do with football.

  7. #72
    REC | FB | BB Moderator RTR91's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by 92tide View Post
    i just saw that first thing this a.m. takes it to a whole different level.
    No kidding. Would seem that would have been one of the main points the DOJ would want to mention.
    "I don't know what class is but I can tell when one has it, you can tell from a mile away"
    -- Coach Bryant

    "We always talk about playing 60 minutes but this is a 60-10 game: the 60 minutes of the game and the 10 minutes in the locker room after the game that you remember for the rest of your life."
    -- Nick Saban day after beating Clemson

  8. #73
    BamaNation Hall of Fame B1GTide's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by CrimsonNagus View Post
    Just like when you pay a hitman to take someone out, right.
    Wow!

  9. #74
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    What a tangled web we weave when at first we practice to deceive.

    Folks didn't watch enough Andy Griffith when they were kids.

  10. #75
    BamaNation Hall of Fame cuda.1973's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by B1GTide View Post
    This is all politics and has nothing to do with football.
    You can say that now, but.................

    You might have missed the part about some guy down at IMG is in the middle of this. Especially the part about taking SAT/ACT entrance exams.
    "I hate morning people.
    And mornings.

    And people!"

  11. #76
    BamaNation Hall of Fame cuda.1973's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by 92tide View Post
    why can't they just pay for a building or make a donation to the endowment fund like all of the other rich folks?
    Well, according to some sleazy media company, the head scumbag tried to pitch a reality show, based on all of this. (No, it didn't go into details, and I am not going to give them any click bait.)

    Anyway................as to your point as to why they don't make a big donation: supposedly that doesn't work these days.

    Supposedly:

    In an unsettling portion of the demo tape, Singer says that parents can no longer pay to have their children admitted to universities. “At some schools, giving $10 million isn’t enough…they want $30, $40, $50 million,” Singer says.
    "I hate morning people.
    And mornings.

    And people!"

  12. #77
    BamaNation Hall of Fame B1GTide's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by cuda.1973 View Post
    You can say that now, but.................

    You might have missed the part about some guy down at IMG is in the middle of this. Especially the part about taking SAT/ACT entrance exams.
    None of the discussion is about college football players getting past the NCAA because of this. The discussion is about rich people buying access.

  13. #78
    BamaNation Hall of Fame B1GTide's Avatar
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    Re: At Least 47 Indicted in Nationwide College Admissions Cheating and Recruiting Sch

    Quote Originally Posted by cuda.1973 View Post
    Supposedly:
    In an unsettling portion of the demo tape, Singer says that parents can no longer pay to have their children admitted to universities. “At some schools, giving $10 million isn’t enough…they want $30, $40, $50 million,” Singer says.
    This is because we created an artificial demand for college education in America. The schools are in it for the money, and they are cashing in. Some schools can turn down anyone because they have lists tens of thousands deep that they are turning away every year. It has watered down the product and weakened our country.

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