Listen Now: The Latest Issue With The College Admission Scandal
Dozens of people are facing charges for buying their kids way into college, and the biggest threat to their freedom is standing next to them.
As parents and coaches charged in the largest college admission scam in history have their day in court, some are starting to plead guilty. In exchange for a lesser sentence they are spilling all they know about their involvement and other potential scammers.
With that information, prosecutors are saying more people will be charged. And those pleading guilty aren’t doing any favors for those that haven’t.
“Full house” actress Lori Loughlin and her husband are accused of paying five hundred thousand dollars to get their daughters into USC by posing them as recruits for the crew team. They have pleaded not guilty but there’s a problem. The coach who helped them with the alleged scam has pled guilty and is cooperating.
So far fourteen parents, including actress Felicity Huffman, have agreed to plead guilty. It’s not clear what prosecutors are offering in exchange for cooperation but with so many people involved it’s hard to keep their stories straight.
CBS News Radio national business journalist Brian Banmiller has spent more than 40 years in the news industry, covering business, politics and the economy on television, radio and in print. Currently, his “Banmiller on Business” reports are delivered to an audience of millions nationwide.
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