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For parents allegedly taking part in Rick Singer's college admissions cheating scheme, payments for his services usually came in the form of donations to the nonprofit arm of his "private life coaching and college counseling company" — the Key Worldwide Foundation."When families pay for either, either takin' the test or goin' through the side door, all the money goes through my foundation, and then I pay it out to whoever needs to get paid," Singer said to one parent, in a conversation recorded by law enforcement. (The federal complaint identifies the speaker as "CW-1." CNN has confirmed that CW-1 is Singer.)That blunt admission from the California businessman, who pleaded guilty last week in Boston to four federal charges — racketeering conspiracy, money laundering, tax conspiracy and obstruction of justice — shows just how much the foundation corrupted its stated purpose of providing "guidance, encouragement and opportunity to disadvantaged students around the world."A form filed several years ago with the Internal Revenue Service painted a glowing portrait of the foundation's aims, including helping to bring members of the Crips and Bloods — notorious Los Angeles street gangs — to play basketball together and "develop consensus building programs to stop gang violence."But rather than concentrating largely on the less fortunate, the charity allegedly served as a giant piggy bank to collect money from wealthy parents wanting to get their children into schools they may not have been qualified to attend on their own.One aspect of the alleged scheme, according to a federal criminal complaint, went toward bribing college entrance exam administrators and stand-in test takers to help students get better scores on standardized tests. The second part of the effort was allegedly paying off coaches and administrators at top schools to designate some applicants as recruited athletes when, at times, the students may never have even played that sport.Prosecutors said the business owners, executives and celebrities named in the complaint participated in a massive conspiracy. And Singer, who made a deal with prosecutors, laid out how he said it occurred."We would send (parents) a ... receipt stating that they made a donation to our foundation to help underserved kids, which, in fact, was not the case," Singer said. "That was not the reason why they did it."Charity says it helped 'underserved' kidsTax filings for the Key Worldwide Foundation show that it made donations to nonprofit organizations and several schools, some of which had employees who have been implicated in the scheme and charged.While none of its four board members was reported as receiving income through the foundation, filings show the foundation had thousands of dollars in expenses, including travel, administrative and accounting costs. It reported just over million in revenue from 2013 to 2016 and million in spending.A 990 form filed with the IRS for 2013 says Key's contributions to major athletic university programs "may help to provide placement to students that may not have access under normal channels."The form says the foundation, among other efforts, helped to launch a financial literacy project, create a residential summer program for 100 homeless youth living in Southern California shelters and helped fund a program to assist "800 underserved African-American youth for four weeks in each location providing academic, athletic and financial classes to prepare each high school student for college."From 2013 to 2016, the LadyLike Foundation, Friends of Cambodia and Loyola High School in Los Angeles were among those listed as receiving thousands of dollars. CNN reached out to several organizations to see if they actually received the money, but did not hear back.The family that founded the organization Friends of Cambodia in Palo Alto 3882

House Judiciary chairman Jerry Nadler said that Congress will "respond to the crimes, lies and other wrongdoing of President (Donald) Trump" following special counsel Robert Mueller's announcement that he's formally closing his office after a two-year investigation and would not provide information beyond his already public report in any appearance before Congress."Given that special counsel Mueller was unable to pursue criminal charges against the President, it falls to Congress to respond to the crimes, lies and other wrongdoing of President Trump -- and we will do so," Nadler said in a statement. "No one, not even the President of the United States, is above the law."The Democratic leadership led by House Speaker Nancy Pelosi has so far resisted the pressure from the left to open an impeachment inquiry in Nadler's committee. After Mueller's announcement, Nadler and Rep. Doug Collins of Georgia, the top Republican on the panel, each said the special counsel confirmed their contradictory views of the report's conclusions.Mueller said in a rare and remarkable public statement Wednesday his investigation could not clear Trump and that charging the President was not an option his office could consider.In Mueller's first public comments on the investigation since he was appointed special counsel two years ago, he emphasized that Justice Department guidelines did not allow him to charge a sitting President, and as a result his office did not determine whether the President had committed obstruction of justice."If we had confidence that the President clearly did not commit a crime, we would have said so," Mueller said. "We did not however make a determination as to whether the President did commit a crime."As he announced he was closing the special counsel's office and resigning from the Justice Department, Mueller delivered a road map of how the investigation played out and the possible role that Congress could play in holding Trump accountable."In his statement this morning, special counsel Mueller reaffirmed his report, which found substantial evidence that Russia attacked our political system and that the President sought to obstruct Mueller's investigation over and over again," said Nadler. "He also confirmed three central points: he did not exonerate the President of the United States of obstruction of justice, obstruction of justice is a serious crime that strikes at the core of our justice system, and the Constitution points to Congress to take action to hold the President accountable."But Collins said Mueller found "there was no collusion and no obstruction" and urged the country to "move on" from the investigation to other issues."Relitigating the 2016 election and reinvestigating the special counsel's findings will only further divide our country," said Collins. "I appreciate special counsel Mueller highlighting the grave threat Russian interference in our elections poses to our democracy." 2961

Graduation day is a huge milestone, but this year, many students around the country won’t experience it. Amid a COVID-19 outbreak, many schools are canceling their commencement ceremonies. After four hard years of college, University of Colorado-Boulder senior Drake Olson won’t get to walk with his fellow seniors for graduation. He's just one of the many seniors across the nation that may not take part in a graduation ceremony. “A lot of my friends from out of state they have moved back home already to do online classes, so now, it’s kind of like I never got to say goodbye,” he said.What should be a time filled with joy and excitement is now a mixed bag of emotions for both Olson and his parents.Olson’s mother, Becky Olson-Kahn, feels sadness and relief for her son.“I think this is very scary time, and I really agree with the decision,” she expressed.Like many parents this spring, she won’t get the chance to watch her first-born son walk up on stage and receive his diploma.“We’re grateful he’s actually able to graduate and a way for him to complete college,” she said. “We are focused on that, but I do hope later in the summer we can have friends and family come over to celebrate.”As for what’s next for Olson and his graduating class, the university mentioned possibly postponing commencement. The college is considering including summer 2020’s class to walk in winter 2020’s graduation. 1418

Holiday marketers have your number, and they know how to entice you to spend.You try to rein it in. But two favorite strategies can lead to spending more, according to a 2018 survey by the Center for the New Middle Class, a research organization funded by Elevate, which lends to credit-challenged borrowers. Consumers who shopped at sales were 50% more likely to say they spent more than they expected. Among shoppers who used coupons, 38.5% said they overspent.Many shoppers try to be careful instead of making a spending plan. Using a budget can feel like it’s wringing the joy out of a happy season. Why? Giving feels good, says Jeff Kreisler, co-author of “Dollars and Sense: How We Misthink Money and How to Spend Smarter.”But simply being careful doesn’t work, “because a lot of the reasons we make poor financial decisions are unconscious,” says Kreisler, who’s editor in chief of PeopleScience.com, which applies behavioral science to the marketplace.However, you can position yourself to recognize — and overcome — overspending triggers.Use the best defense: a holiday budgetAshley Feinstein Gerstley, a financial coach and founder of the Fiscal Femme website, advises setting aside time — not over an hour — to list holiday expenses. Build in a buffer, because you’ll forget some things. But you’ll be better off if you have a number in mind, she says.Be realistic, not rigid, about your budget. Otherwise, controlling expenses can seem so futile you don’t bother trying, she says. “It’s like being on a strict diet and figuring if you cheated and had a cookie, you may as well eat the whole bag.”If you worry about overspending, consider getting a prepaid gift card in that amount, Kreisler says. It can help you stay aware of what you are spending and what’s left.Having a successful holiday spending plan may also inspire you to 1855

I just got off the stage where I shared my bold vision for our future built on uniting our country. Because I know if we work together, there’s nothing we can’t do.Let's keep our momentum going. If you liked what you heard tonight, text JOE to 30330 and let's get to work. pic.twitter.com/EDIKTYiJB1— Joe Biden (@JoeBiden) August 1, 2019 349