. Coaches from schools including Yale, Stanford, Georgetown University and the University of California, Los Angeles, admitted to accepting bribes.“It was a scheme that was breathtaking in its scale and its audacity. It has literally become the stuff of books and made-for-TV movies,” Assistant U.S. Attorney Stephen Frank told the judge Wednesday.
Singer apologized to his family, the schools he embarrassed in the public eye and others. He also promised to work every day of his life going forward to make a positive impact in people’s lives. Authorities in Boston began investigating the scheme after an executive under scrutiny for an unrelated securities fraud scheme told investigators that a Yale soccer coach had offered to help his daughter get into the school in exchange for cash. The Yale coach led authorities to Singer, whose cooperation unraveled the entire scheme.
Singer took in more than $25 million from his clients, paid bribes totaling more than $7 million, and used more than $15 million of his clients’ money for his own benefit, according to prosecutors.
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