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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
From high-waisted mom jeans to 80s neon shirts and denim overalls, what was once popular can sometimes be a trend again. Remember Crocs? Well, the rubber boat shoes are back in style."They aren't really stylish, or they are kind of ugly,” says 8th-grader Faith Geisinger.However, despite its appearance, Geisinger says Crocs are no longer embarrassing to sport. Everyone her age is wearing them.Crocs are back and more popular than ever thanks to Generation Z, the demographic cohort that follows Millennials."Well, they are just kind of cool and what makes them fashionable are the Jibbitz," Geisinger says.Crocs are ranked no. 13 among most popular footwear brands, but that wasn’t always the case. In 2017, they were no. 30."Crocs has really been focused on keeping the brand or making the brand relevant," says Katie Wagner with Crocs.She believes teens were a big reason for the newfound hype and popularity. There was also big help from celebrity endorsements."Teenagers in particular are really embracing this brand because self-expression is so important," Wagner says.Additionally, the company collaborated with celebrities who teenagers love like Post Malone and Luke Combs.Crocs aren’t the only ones capitalizing on the 90s resurgence. Companies like Fila, Nike and Adidas have brought back the dad sneaker.What you might find ugly, someone else may find fashionable. 1390

Following the fourth night of unrest in Minneapolis, Minnesota Gov. Tim Walz activated the Minnesota National Guard. The activation represents the largest domestic deployment in the Minnesota’s National Guard’s 164-year history.The move was in response to escalating tension in protests occurring in Minneapolis--as well as in several other U.S. cities—following the death of George Floyd, a black man who died while being detained by a white officer on Memorial Day. Hennepin County Attorney Mike Freeman announced Friday afternoon that ex-officer Derek Chauvin has been taken into custody and charged with 3rd degree murder, as well as manslaughter. The family of Floyd are still calling for the arrest of three other officers involved in Floyd's detainment. The death of Floyd was caught on several videos, that have since gone viral. The Minnesota National Guard announced it is activating more than 1,000 additional Citizen-Soldiers and Airmen on Saturday, according to a tweet from the organization. This is in addition to the 700 that were on duty as of late last night,” the tweet reads. Minnesota 1119
Former MLB player Bill Buckner, a former first baseman best known for a crucial error in the 1986 World Series, has died according to 146
Financial advisors around the country are offering pro bono help to those impacted financially by COVID-19, no strings attached.But despite the historic economic downturn, some advisors say they aren't getting many calls. "'Financial planning' evokes being wealthy, having stocks and bonds. And that's not necessarily the case," said Kristin Pugh, a senior wealth advisor in Georgia. She believes some people are deterred from seeking help because they have misconceptions about financial planning. Regardless of income, anyone with bills to pay and money to manage can benefit from this free help, Pugh said.Also servings as Director of Community Outreach and Pro Bono Planning for the Georgia Financial Planning Association (FPA), Pugh says doing this work is a personal mission for her."In short, growing up poor made it so I have a particular, want or need to help the community," said Pugh. "Just a deep empathy for the amount of financial illiteracy that's out there, because of my own experience growing up."The FPA reached out to chapters across the country to 1081
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