Anonymous
Post 03/12/2019 21:58     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:
Anonymous wrote:Are you all forgetting the tax evasion? I don’t care if you give 500k to Stanford. But putting it down as a tax deduction? Nah B. That’s beyond the pale.

-taxpayer


Donating money to a university is a tax deduction.


Except if you read the complaint or any of the stories - they didn't donate anything to the university. They paid a private corporation for bribe to line individual's pockets. Then they wrote it off as charity donations.

Illegal.
Anonymous
Post 03/12/2019 21:57     Subject: Re:Feds uncover large-scale college entrance exam cheating plot
"The scheme began to fall apart in October last year when the IRS audited Key Worldwide and began to look into donations made by parents whose children were then admitted to USC. "
https://www.dailymail.co.uk/news/article-6800929/Mastermind-bragged-getting-800-rich-kids-colleges.html

So, this is how s--t hit the fan! The IRS started digging and dug out enough to have this guy wear a wire and sell out his entire clientele.
There will be more names coming out, stay tuned.
Anonymous
Post 03/12/2019 21:57     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Posters seem to forget the tax fraud implications here, which could be huge. The mastermind set up a fraudulent nonprofit and the parents were claiming to have donated to that nonprofit. So if any of these idiots tried to take this deduction off their taxes, OMFG. Bye bye. Don’t pass go, go straight to jail.


+1



You just KNOW some of them did use the tax deduction!!!!!


Let's go - jail time!

For the people who seem to think both actresses will skate - none of you know how serious wire and mail fraud is. Add tax fraud to it. *.*

I'm getting 12-24 months of good solid orange jumpsuit time.
Anonymous
Post 03/12/2019 21:56     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:Are you all forgetting the tax evasion? I don’t care if you give 500k to Stanford. But putting it down as a tax deduction? Nah B. That’s beyond the pale.

-taxpayer


Donating money to a university is a tax deduction.
Anonymous
Post 03/12/2019 21:55     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:
Anonymous wrote:Posters seem to forget the tax fraud implications here, which could be huge. The mastermind set up a fraudulent nonprofit and the parents were claiming to have donated to that nonprofit. So if any of these idiots tried to take this deduction off their taxes, OMFG. Bye bye. Don’t pass go, go straight to jail.


+1



You just KNOW some of them did use the tax deduction!!!!!
Anonymous
Post 03/12/2019 21:53     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:Posters seem to forget the tax fraud implications here, which could be huge. The mastermind set up a fraudulent nonprofit and the parents were claiming to have donated to that nonprofit. So if any of these idiots tried to take this deduction off their taxes, OMFG. Bye bye. Don’t pass go, go straight to jail.


+1
Anonymous
Post 03/12/2019 21:52     Subject: Feds uncover large-scale college entrance exam cheating plot
None of this is surprising.

But my god it’s fun to watch.
Anonymous
Post 03/12/2019 21:52     Subject: Feds uncover large-scale college entrance exam cheating plot
Are you all forgetting the tax evasion? I don’t care if you give 500k to Stanford. But putting it down as a tax deduction? Nah B. That’s beyond the pale.

-taxpayer
Anonymous
Post 03/12/2019 21:52     Subject: Feds uncover large-scale college entrance exam cheating plot
Posters seem to forget the tax fraud implications here, which could be huge. The mastermind set up a fraudulent nonprofit and the parents were claiming to have donated to that nonprofit. So if any of these idiots tried to take this deduction off their taxes, OMFG. Bye bye. Don’t pass go, go straight to jail.
Anonymous
Post 03/12/2019 21:50     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:
Anonymous wrote:I'm waiting for a full list as more names come out. I'm from West Los Angeles. This is going to be even better than the Ashley Madison list!


Me too. I have a family member in LA who works closely with the entertainment industry. I haven't discussed with them yet, but I wonder if they know anyone on the list.

I'm also wondering about the East Coast equivalents--you know there has to be a few of these here too.


PP here. I admit, there's a little bit of sick joy. I'm from West LA, but I'm a middle class kid. However, I had friends in those circles, played them in sports leagues, ran into them at parties, etc.

I worked my butt off to get into Stanford.

Funny, I have a couple friends who are federal prosecutors. They dream of a big RICO case against the mob--but this is even better.
Anonymous
Post 03/12/2019 21:46     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:
Anonymous wrote:The accommodations scam needs to end. Kids who never needed before all of the sudden in 8th grade needed for the high school entry standardized tests. Total scam. Like therapy dogs.


But but, my transgender Haitian black kid with ADHD and processing issues has PTSD due to trauma so he really really needs some help.

Don't be a racist xenophobe antihuman pig, remember how holistic we all holistically are.


PP said the scams have to end. Not the real accommodations. The scammers are really hurting the kids who need it.
Anonymous
Post 03/12/2019 21:46     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The best form of reparations would mean making top 25 private instutions only open to blacks and urms (tuition and boarding free) while forcing whites to go to state schools.

It gives blacks a larger pool of 'leadership class' and accelerates more of them into the top 5% while also giving incentives to umc whites to vote to raise taxes to fund public secondary and tertiary education more since now they are more likeyl to go there.


Not the way affirmative action is being done today where professional black families are getting the benefit. I say economic affirmative action is what is needed -poverty knows no race - help every kid that needs it

Yes, affirmative action is terrible unless whites can benefit. A principled stance.


Professional black families? You mean the ones that are working their way up the past few generations of poor racial inequality from the previous generations that came from slavery. How dare they? Why should they have any benefits? Geez. Only whites from enherited riches of past generations should get benefits. Working professionals of color? They are lucky they have a job, right PP. Those poor white kids with meth parents deserve it more because they are white and poor. I mean, do you reread what you type?

Talk about being in a state of cognitive dissonance.


Preach. And when my 7yo is being insulted because of her skin color and hair texture in her private school, she should just suck it up, because she comes from a "professional black family." Racism and inequality is no longer a thing for the likes of us, right?
Anonymous
Post 03/12/2019 21:44     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The best form of reparations would mean making top 25 private instutions only open to blacks and urms (tuition and boarding free) while forcing whites to go to state schools.

It gives blacks a larger pool of 'leadership class' and accelerates more of them into the top 5% while also giving incentives to umc whites to vote to raise taxes to fund public secondary and tertiary education more since now they are more likeyl to go there.


Not the way affirmative action is being done today where professional black families are getting the benefit. I say economic affirmative action is what is needed -poverty knows no race - help every kid that needs it

Yes, affirmative action is terrible unless whites can benefit. A principled stance.


Professional black families? You mean the ones that are working their way up the past few generations of poor racial inequality from the previous generations that came from slavery. How dare they? Why should they have any benefits? Geez. Only whites from enherited riches of past generations should get benefits. Working professionals of color? They are lucky they have a job, right PP. Those poor white kids with meth parents deserve it more because they are white and poor. I mean, do you reread what you type?

Talk about being in a state of cognitive dissonance.


DP: are you on meth?
Anonymous
Post 03/12/2019 21:44     Subject: Re:Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Colleges need to be taxed. No more tax free status.


+1.

Both for income and for property.


The college didn't institute this bribery scandal. It was the personal who lined their pockets and the parents who paid them off.

All of the individuals need to go to jail.



The admissions policies at these schools — pay for play with wealthy donors— encourages this type of abuse. Get rid of preference for athletes and legacies.


+1. It’s funny to see people splitting hairs and explaining why it’s fine to donate a building to get your mediocre kid into an elite school but you get arrested for paying money to individuals to help your mediocre kid get into school. Sounds like the elite colleges just want to make sure the money for bribes only goes to them.


Spot on
Anonymous
Post 03/12/2019 21:43     Subject: Feds uncover large-scale college entrance exam cheating plot
Anonymous wrote:I'm waiting for a full list as more names come out. I'm from West Los Angeles. This is going to be even better than the Ashley Madison list!


Me too. I have a family member in LA who works closely with the entertainment industry. I haven't discussed with them yet, but I wonder if they know anyone on the list.

I'm also wondering about the East Coast equivalents--you know there has to be a few of these here too.