• Meet the finance fraudster who blew the lid off the college admissions

    From Elizabeth Paige Laurie@21:1/5 to All on Sun Mar 17 05:04:25 2019
    XPost: alt.rush-limbaugh, alt.politics.democrat, alt.showbiz.gossip
    XPost: sac.sports


    Liberal Democrats, too lazy and stupid to compete
    scholastically. This is the result of the present day inferior
    California school system, once the envy of the entire free
    world, after 40 years of Democrat control and parasitic
    socialist union infestation.

    TAGS: Cheat Lie Bribe Obama Ignorant Liberal Dumb Crime College
    High School Sports USC Coach ACT Democrat LA Times, Washington
    Post, NY Times Elite Hollywood TV Media Twitter youTube Scumbags
    Kiss Your Job Goodbye


    A financial fraudster desperate for leniency from the feds
    tipped off investigators to the massive college-ad missions
    bribery scandal, then wore a wire to help bring down the cheats,
    a report said Thursday.

    With his back to the wall in an alleged pump-and-dump scheme,
    Los Angeles financier Morrie Tobin offered up a tip that would
    turn into the biggest college-admissions fraud the feds have
    ever prosecuted, according to The Wall Street Journal.

    In a bid for mercy, the Yale grad told investigators that
    Rudolph “Rudy” Meredith, the head women’s soccer coach at the
    Ivy League school, solicited $450,000 from him in exchange
    for recommending Tobin’s daughter for admission as an athletic
    recruit, a source told the Journal.

    Tobin agreed to wear a wire during a meeting in a Boston hotel
    room with Meredith — who then also began cooperating.

    That, in turn, led the feds to admitted mastermind William
    “Rick” Singer, a California college-prep expert who raked in
    more than $25?million from wealthy parents to get their
    underqualified kids into top schools, including Yale, Wake
    Forest, Georgetown and Stanford.

    Through a 10-month investigation dubbed Operation Varsity Blues,
    investigators learned the scam dated as far back as 2011 and
    involved dozens of allegedly crooked ACT and SAT proctors,
    college athletic coaches and parents.

    “Fuller House” actress Lori Loughlin, her fashion-designer
    husband, Mossimo Giannulli, and former “Desperate Housewives”
    star Felicity Huffman were among the indicted.

    Tobin, who was not charged in Operation Varsity Blues, is
    awaiting sentencing after taking a plea deal in the financial-
    fraud case, according to the Journal. An FBI spokeswoman from
    the Boston field office said the overall securities-fraud
    investigation is still ongoing.

    Singer for years ran Edge College & Career Network of Newport
    Beach, Calif. The feds say he secretly had his well-heeled
    clients funnel money into a sham charity so he could pay off his
    cohorts to weasel their kids into school.

    One parent, a Silicon Valley investor, said Singer proposed
    using a “side door” to get his teen into USC under the guise of
    being a football player — but the proposal left the dad feeling
    “dirty,” he told Axios.

    “[Singer] kept pushing it, but I finally just said to give some
    other child the opportunity,” said the parent, who hasn’t been
    approached by law enforcement.

    USC said it would conduct a case-by-case review for any current
    students and graduates who may be connected to the alleged

    https://nypost.com/2019/03/14/meet-the-finance-fraudster-who- blew-the-lid-off-the-college-admissions-scandal/

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