Discover and read the best of Twitter Threads about #collegeadmissionsscandal

Most recents (7)

A grand jury returned additional charges against 11 of the 15 agents in the college admissions bribery scandal, including charges for conspiracy to commit federal program fraud, fraud, wire fraud and money laundering.

Additional charges were brought against:

Lori Laughlin
Mossimo Giannuli
Gamal Abdelaziz
Diane Blake
Todd Blake
Elisabeth Kimmell
William McGlashan Jr
Marci Palatella
John Wilson
Homayoun Zadeh
Robert Zangrillo
Looks like they’re all charged with federal program bribery conspiracy for bribing employees of USC.

John Wilson was also charged with additional counts of bribery for getting his kids admitted to Harvard and Stamford.
Read 5 tweets
MONDAY: Actress Felicity Huffman is set to officially plead guilty to one count of conspiracy to commit mail fraud and honest services mail fraud. She'll appear in federal court in #Boston tomorrow afternoon.
When she does plead Guilty, Huffman will become the 4th parent to plead guilty in the #collegeadmissionsscandal.
California CEO Devin Sloane is also set to plead Guilty tomorrow in the same courtroom as Huffman. Sloane conspired to bribe USC’s associate AD to designate his son as a recruit to the USC men’s water polo team, but son did not play water polo. #collegeadmissionsscandal
Read 8 tweets
Another major day at the federal courthouse in #Boston for the #CollegeCheatingScandal. Another set of 15 parents are set to appear. This time actresses Felicity Huffman and #LoriLaughlin will have their initial appearances in MA. #7News
Felicity Huffman is accused of paying the mastermind, Rick Singer, $15K for his employee to proctor her oldest daughter's SAT and correct her answers. Prosecutors say her daughter scored a 1420, which was a 400 pt. improvement from her PSAT. #7News
Lori Laughlin and her husband Massimo Giannulli are also charged w/ conspiracy to commit mail and wire fraud. They're accused of paying $500,000 for their 2 daughters to be designated as recruits to the USC crew team—despite the fact that they did not participate in crew. #7News
Read 46 tweets
Saturday morning - time for kids cartoons and ... a (ramen-free) Twitter thread on tokens and securities law! Today’s starting point: this excellent article (…) by Guillermo Jimenez in Decrypt.
2/ Jimenez looks at the concept of “consumer token offerings” through the lens of the recent sales by FOAM and Civil, companies backed by @ConsenSys. Both sales were open to the general public and not limited only to “accredited investors”.
3/ Why are these sales and how they were conducted so important? This goes to the heart of what in my view is the most exciting aspect of #valuetechnology: the ability to use the tools that comprise “#blockchain technology” to create new business models.
Read 20 tweets
When you bribe & cheat your child's way into college, you
🚨 brand them with your judgment they are incapable or unworthy on their own
🚨 prove to them their parent is a liar and a cheat, &
🚨 now their parents are indicted felons on charges every bit as serious as #MichaelCohen
Children learn more by actions and example than anything these people can ever say --no pleas will work 🚨
These parents have damaged their children--& unknown children from whom they stole legitimate opportunities--beyond measure.
Can anyone even imagine the SHAME the kids of these wealthy elitist snobs must feel now?
If only these parents had considered important things like Honesty,
Integrity, and Honor?
What a SHAME in every way & very serious crimes against many
Read 4 tweets
Marveling at how only *just now* people are realizing that literally everything in our society is a giant scam??? #collegeadmissionsscandal
“Woah, college admissions are a scam!”

- Guy who buys only organic food because he wants to reduce his carbon footprint while sharing his 23andme results with his friend who used Delta rewards points to fly back to the US from working at an NGO in Africa.
“Hmm, a utopia could probably work” - someone who doesn’t understand any of this
Read 3 tweets

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