LOS ANGELES:"Full House" actor Lori Loughlin and the former head of financial firm Pimco are due to face criminal charges on Wednesday related to a US$25 million scheme to help wealthy Americans secure places for their children in top US colleges.
Another parent charged in the scheme, Manuel Henriquez, resigned as chief executive officer of the finance company Hercules Capital, the company said early on Wednesday. The sham charity, the Key Worldwide Foundation, purported to help provide an education to"underprivileged students." Loughlin is accused of paying Singer US$500,000 to help cheat her daughters' way into the University of Southern California by bribing rowing coaches at the school to pretend the girls were gifted rowers.
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