In addition:

William Rick Singer, 58, of Newport Beach, Calif., owner of the Edge College Career Network and CEO of the Key Worldwide Foundation, was charged in an information with racketeering conspiracy and money laundering.,John Vandemoer, 41, of Stanford, Calif., the former sailing coach at Stanford University, was charged in an information with racketeering conspiracy.,Charged with racketeering conspiracy: read more

In allegations that sent shock waves through academia, federal prosecutors on Tuesday accused top CEOs, two Hollywood actresses and a legendary fashion designer of taking part in an audacious scheme to get their children into elite universities through fraud, bribes and lies.The scheme, which began in 2011, centered around the owner of a for-profit Newport Beach college admissions company that wealthy parents paid to help their children cheat on college entrance exams and to falsify athletic records of students to enable them to secure admission to elite schools, including UCLA, USC, Stanford, Yale and Georgetown, according to court records.Fifty people, across academia and college sports as well as a cadre of super-wealthy parents, have been charged in what prosecutors say is the largest college admissions scam ever prosecuted.,Some parents participated in one aspect of the scheme, while others paid for both, stealing slots from hard-working students with legitimate grades and test scores, authorities said.William Rick Singer, who owns the admissions company called the Edge College Career Network, was charged with money laundering, obstruction of justice, racketeering and conspiracy to defraud the United States.,In at least one instance, a student claimed to have a learning disability to obtain medical documentation required by the College Board and ACT Inc. to grant additional time on the tests, according to court documents.Once the students were given additional time, which generally allowed them to take the test over two days instead of one and in an individual setting, the clients were instructed to change the location of the exam to either a public high school in Houston or a private college preparatory school in West Hollywood that Singer controlled, according to the documents.At those locations, prosecutors allege, Singer bribed test administrators Igor Dvorskiy, of Los Angeles, and Lisa Niki Williams, of Houston, with the parents money to facilitate cheating on the exams.,Singer had a psychologist on his team assign fake learning disabilities to give students an academic advantage, the charges say.Coaches and private admissions counselors allegedly received money for helping to get students admitted as athletes at Yale, Stanford and USC.USC senior associate athletic director Donna Heinel and mens and womens water polo coach Jovan Vavic were alleged to have received bribes totaling more than $1.3 million and $250,000, respectively, to help parents take advantage of the relaxed admissions standards for athletes at USC even though their children were not legitimately being recruited as athletes.,It described spending thousands of dollars on trips for dental students to help needy Cambodians and offering math tutoring to underserved children in Oakland.Prosecutors said the charity was nothing more than a means to launder money to an array of people requiring bribes.Our contributions to major athletic university programs may help to provide placement to students that may not have access under normal channels, the organization stated in tax documents.Federal law enforcement began the investigation, dubbed Operation Varsity Blues, in May 2018, based on a tip from a confidential source who was being interviewed as part of a separate investigation, said FBI Special Agent Joseph Bonavolonta.Make no mistake: This is not a case where parents were acting in the best interests of their children.

William Rick Singer touted his charity as a way to open doors for disadvantaged students who grew up surrounded by gang violence.The Key Worldwide Foundations website says it funds dental care for needy Cambodians, after-school programs for children in 20 cities across the United States and life coaching to underprivileged girls in Los Angeles.But federal tax records reviewed by The Times showed the great majority of the charitys grants actually went to elite universities, including USC, Yale and New York University.,Fifty people have been charged in the probe.In 2016, the most recent year for which the records are available, Singers foundation gave $252,500 to the University of Texas Athletics, $50,000 to the USC Womens Athletics Board, $25,000 to the USC soccer program and $83,181 to NYU Athletics, the tax documents show.,In 2015, the nonprofit gave $250,000 to athletic programs at USC, including its water polo and womens volleyball programs, $294,000 to the University of Texas Athletics, $250,000 to Yale Summer Time Sports and $175,000 to Chapman University.That year, Friends of Cambodia received $19,200.,We take this matter very seriously and intend to review this relationship in depth to assure ourselves that our principles have not in any way been compromised.In 2014, USC sports programs received $225,000, while NYU Athletics received $203,998, the tax records show.,He cooperated with authorities in the investigation and pleaded guilty to the charges in Boston on Tuesday afternoon, according to court records.Prosecutors allege that well-to-do parents paid Singer to help their children cheat on college entrance exams and to falsify athletic records to enable them to gain admission to at least eight schools, a list that also includes UCLA, Stanford and Georgetown.Not all the schools named in the case received donations, according to the tax records.Federal law enforcement began the investigation, dubbed Operation Varsity Blues, in May, based on a tip from a confidential source who was being interviewed as part of a separate investigation, said FBI Special Agent Joseph Bonavolonta.The government alleges that Singer instructed parents to donate funds to the charity as part of the scheme.

CRITICAL FACTS ABOUT THE CHARTERED INSTITUTE OF FORENSIC AND INVESTIGATIVE AUDITORS OF NIGERIA (CIFIAN), A MECHANISM FOR PREVENTION OF FRAUD , CORRUPTION AND CYBER CRIMES IN NIGERIA.,We therefore wish to set forth the following critical facts as our response to all the mischievous and calumnious publications by the opposers of CIFIAN Bill, who has vowed never to allow the noble work done by the Nigerian Senate on 5th July, 2018 get a possible concurrence by the House of Representatives, by addressing the issues raised in their media publications at different occasions under different headlines as follows:

Chartered Institute of Forensic and Investigative Auditors of Nigeria is anti-fraud organization saddled with the responsibility of providing skills to professionals from relevant fields on the use of science and technology to detect, prevent and investigate fraud no matter how small-big, and also put in place some sophisticated mechanisms to prevent future occurrence.,Before I proceed futher, on behalf of the Board members and the entire members of the Chartered Institute of Forensic and Investigative Auditors of Nigeria, I hereby appreciate the ASSOCIATION OF NATIONAL ACCOUNTANTS OF NIGERIA (ANAN) for the professional maturity exhibited on 14th of April, 2018, during the public hearing of the Bill to establish CIFIAN, by supporting the Bill whole heartedly in their capacity as one of the approved accounting professional bodies in Nigeria.,It is a statement of fact that as distasteful as it is to hear that our nation Nigeria is rated among countries with very poor fraud prevention records in the world, it is even more worrisome to know that despite the federal government renewed efforts in tackling fraud, corruption and Cyber crimes, very little result has been achieved, especially in the area of securing conviction against perpetrators of fraud in Nigeria.,The contextual background to the heightened global interest in institutionalizing the practice of forensic and investigative audit through organizational frameworks such as the Chartered Institute of Forensic and Investigative Auditors of Nigeria (CIFIAN) is traceable to corporate governance concern of at least three antecedent kinds. read more

– Chris Bateman

Bosasa’s former COO Angelo Agrizzi, currently testifying before the Zondo commission of inquiry into State Capture, will blow the lid on high-level corruption, State Capture and money-laundering by his former employer.,As Agrizzi started his testimony, lawyers for the State Capture inquiry were busy on the phones, calling all the big names that the former Bosasa executive is likely to implicate in his testimony.,(Bloomberg) – A former Bosasa executive testified how the South African services company paid millions of rand in bribes to secure and retain security, catering and other contracts from the government and private businesses.,It has previously focused on allegations that members of the wealthy Gupta family exploited their close relationship with Zuma and other officials to loot state companies, but Agrizzi’s testimony indicates that the problem was far more widespread.,The panel viewed video footage showing Bosasa Chief Executive Officer Gavin Watson and three other executives handling a large amount of cash, which Agrizzi said was referred to as “monopoly money” and was used to make the payoffs with Watson’s authorisation. read more

Larry Langford, who scratched his way out of the poverty and violence of a Birmingham housing project to become a charismatic politician who won the highest elective offices in Birmingham and Jefferson County only to lose it all when convicted of public corruption, is dead.,In October of 2009, Langford was convicted on 60 counts of wrongdoing, including bribery, fraud and money laundering related to his time as Jefferson County Commission president.,Yet, that self-declaration of honesty beaten into Langford as a boy flies in the face of the description of the man that a federal jury found accepted almost a quarter of a million dollars in cash and luxury items in exchange for using his office to guide millions of dollars in Jefferson County bond business to old friends.,Larry Langford found guilty on all 60 counts The irony of Langford’s life is, that for a man who reached the heights of politics in Alabama’s largest city and county, his fall fulfilled his greatest fear as a kid growing up in the projects.,In October 2009, Langford was convicted on 60 counts of wrong doing, including bribery, fraud and money laundering related to his time as Jefferson County Commission president.