What will it take to get my kids into UCLA, USC, Stanford, or another Ivy League university?  Do I have to bribe someone?

Can money buy anything you want even if it means you cheat?  Apparently for many wealthy people the answer is Yes!

Money laundering is the generic term used to describe the process by which criminals disguise the original ownership and control of the proceeds of criminal conduct by making such proceeds appear to have derived from a legitimate source. The processes by which criminally derived property may be laundered are extensive.

The parents, who were charged last month with conspiracy to commit fraud, were charged on Tuesday in a superseding indictment with conspiring to launder bribes and other payments through a charity run by Rick Singer, the mastermind of the scam, as well as by transferring money into the United States to promote the fraud, prosecutors said.

If Lori Loughlin and 15 other parents don’t plead guilty they could face some real prison time.  Did these people understand that their actions were at a minimum fraudulent? What did they think bribes given to a non-existent charity was if not an act of money laundering?

I would love to sit on the jury to hear their defense. That is not going to happen. It appears the case will be tried in Boston.