Anyone know what is going on with ‘Singer’ the mastermind?
ETA name correction
Where Is Rick Singer Now - The True Story of Operation Varsity Blues's College Admissions Scandal
From 2011 to 2019, Singer’s “side door” was open for highly profitable business, in which Singer himself collected 25 million dollars. (According to the documentary, the “back door” is a much larger donation than what Singer charged, made directly to the school like, for example,
Jared Kushner’s parents the year before he was accepted to Harvard. This method is not only more expensive than Singer’s, but also cannot provide a guaranteed acceptance.)
But the scheme began to teeter when a financial executive named Morrie Tobin, who was being investigated in a different financial fraud case,
offered investigators a tip about a Yale soccer coach accepting bribes in exchange for admission in an attempt to create goodwill with the FBI. The tip eventually led them to Rick Singer, who was
caught in September of 2018.
But in order to spare himself as much as possible, Singer
agreed to work with investigators to bring his entire Ponzi scheme down with him. Wearing a wire, Singer made phone calls and in-person visits to his past and present clientele to discuss a fabricated audit of his foundation so that they would implicate themselves by confirming knowledge of phony donations. He did successfully warn or alert some that he was wearing a wire, which he
confessed to in court.
Ultimately, though, the government’s case was built on this series of recordings Singer made, and Singer himself pleaded guilty to all charges brought against him—racketeering conspiracy, money laundering conspiracy, conspiracy to defraud the United States, and obstruction of justice—as well on March 12, 2019. His cooperation and guilty plea will result in a lesser sentence for him when his sentencing date comes.
The trials and sentencing proceedings in this sprawling case are
ongoing, and Singer's case status simply states that “there is no sentencing hearing scheduled at this time.” According to
CNN, he faces a maximum sentence of 65 years in prison, three years of supervised release, and a $1.25 million fine.