Dershowitz: College cheating scandal is big -- and it may get much worse

The federal racketeering indictment filed Tuesday in a college admissions scandal in which wealthy parents allegedly paid bribes to get their children into elite universities is the most serious such scandal ever exposed – and may get worse.

Federal prosecutors in Boston charged 33 parents, more than a dozen college coaches,the founder of an admissions consulting company, two standardized test administrators and a test proctor in the alleged scam.

Prosecutors said William “Rick” Singer, the California man who heads the Edge College & Career Network college consulting firm, pleaded guilty to charges including racketeering, money laundering, obstruction of justice and conspiracy to defraud the United States.

The indictment alleges that parents – including celebrities – paid Singer a total of about $25 million between 2011 and February this year to get their children into top colleges by falsely representing the athletic and academic abilities of the students. The celebrities include actresses Felicity Huffman and Lori Loughlin.

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