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

According to documents released as part of criminal proceedings (pdf) against Singer, McGlashan, and a host of other parents, coaches, and test administrators, the private equity exec found it all “totally hilarious.”,On phone calls tapped by the Feds, McGlashan and Singer hatched a plan to make the kid look like an elite football kicker in his application, which would give him a 90% chance of admission, Singer claimed.,Damningly, when Augstin Huneeus, Jr., a parent whose daughter attended the same school as McGlashan’s son caught wind about the financier using Singer’s services, he called him on it.,Parents of means send their kids to private schools to make sure they are well-positioned for admission to certain colleges.,He sees how the rules of wealth at work all the time: there’s the unethical, but increasingly common, like parents who write their children’s college essay, or pay tutors or online companies to do it.