Charity masked web of fraudulent college donations, feds say

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Charity masked web of fraudulent college donations, feds say
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U.S. prosecutors and tax documents say 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.

William"Rick" Singer founder of the Edge College & Career Network, departs federal court in Boston on Tuesday, March 12, 2019, after he pleaded guilty to charges in a nationwide college admissions bribery scandal. 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.

Prosecutors said he also accepted so-called donations from clients to help their kids get a coveted enrolment spot through cheating. The scheme allowed the parents to claim tax deductions for themselves. Singer pleaded guilty to fraud and conspiracy charges in federal court Tuesday in Boston. Coaches and dozens of parents are among the 50 people charged in the scheme, including actresses Felicity Huffman and Lori Loughlin and high-achieving figures in such fields as law, finance and fashion.

Much of the $2.7 million that Singer funneled as grant donations appears to be part of an elaborate charity scheme to mask his reported bribes to university coaches, according to an AP analysis of the foundation's 990 tax records. USC officials wouldn't comment on whether it ever received such donations, but the grant descriptions and amounts allude to the bribes that prosecutors noted, including $175,000 to "USC Water Polo" and $100,000 to "USC Soccer Programs."In 2013 with Singer as Key Worldwide's president and CEO, the charity gave out two grants: $10,000 to "Georgetown Tennis" and $100,000 to an organization called "Fullerton Futobol Academy Inc.

Cal State Fullerton, Georgetown, Yale and New York universities said they never received the donations that the foundation claimed to have dispersed to them.

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