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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
Federal prosecutors in New York are scrutinizing tens of thousands of documents relating to Donald Trump's inauguration in a sign that the investigation into the committee's finances is advancing.The President's Inaugural Committee handed over the cache of documents over the course of several weeks in response to a wide-ranging subpoena seeking documents, records, and communications concerning the inaugural's finances, vendors, and donors sent in February by the US attorney's office with the Southern District of New York. The last set of documents was produced within the last month, people familiar with the matter said.The end of the document production indicates the investigation is moving into the next stage. Authorities are investigating whether any of the record 7 million in donations for the inaugural was misspent, used to improperly benefit certain individuals, or came from foreign donors in violation of campaign finance laws that prohibit foreign money in US elections, people familiar with the inquiry said.The ongoing investigation is one of several into Trump's 1101
I’m heartbroken. Thank you to our first responders for all that you’ve done. We will share updates as we have more information.— Nan Whaley (@nanwhaley) August 4, 2019 179
Frito-Lay, parent company of Doritos, announced this week two new flavors of Doritos, which are currently available in stores.One of the new flavors Frito-Lays unveiled this week will take a bit of a fruity spin. The new flavor is labeled "Doritos Flamin' Hot Limon (limon is Spanish or lemon)." Frito-Lay said the flavor will contain the "same signature heat but with a tangy twist."The other is a revamp of a classic Doritos favorite "Doritos Cool Ranch," which Frito-Lay says will have even more cool ranch flavor. "Doritos is known for making bold, innovative moves — whether it's new movie partnerships, e-sports tournaments, an ad without logos, and of course new flavors," said Leslie Vesper, senior director of marketing, Frito-Lay North America. "The release of Doritos Flamin' Hot Limon and the revamped Doritos Cool Ranch are two entirely new ways for fans to enjoy our beloved legacy flavors." 917
House Speaker Nancy Pelosi issued a letter on Thursday inviting President Donald Trump to deliver the annual State of the Union address later this month.The California Democrat released the letter 208