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ASGN - ASGN Inc News Story

$100.85 1.2  1.2%

Last Trade - 13/05/21

Sector
Technology
Size
Large Cap
Market Cap £3.77bn
Enterprise Value £4.23bn
Revenue £2.84bn
Position in Universe 1308th / 6856

UPDATE 3-Lori Loughlin, husband plead guilty in U.S. college admissions scandal

Fri 22nd May, 2020 5:24pm
(Adds details on new parent charged in case)
    By Nate Raymond
    BOSTON, May 22 (Reuters) - "Full House" actress Lori
Loughlin and her husband on Friday pleaded guilty to
participating in a vast U.S. college admissions fraud scheme to
secure spots for their daughters at the University of Southern
California.
    Loughlin and her husband, fashion designer Mossimo
Giannulli, appeared before a federal judge in Boston through a
Zoom videoconference to plead guilty under agreements calling
for them to serve two months and five months in prison,
respectively.
    They pleaded guilty to conspiracy to commit wire and mail
fraud. But U.S. District Judge Nathaniel Gorton said he would
weigh whether to accept their plea deals, which restrict his
ability to impose different sentences.
    Loughlin and Giannulli have also agreed to be sentenced to
respective fines of $150,000 and $250,000 and 100 and 250 hours
of community service.
    Gorton scheduled their sentencings for Aug. 21, though
defense attorney William Trach requested an earlier date so the
Los Angeles couple could have "finality."
    They are among 54 people charged over a scheme where wealthy
parents conspired with a California college admissions
consultant to use bribery and fraud to secure their children's
admission to top schools.
    Consultant William "Rick" Singer has pleaded guilty to
facilitating cheating on college entrance exams and using
bribery to secure the admission of parents' children to schools
as fake athletic recruits.
    The parents include actress Felicity Huffman, who received a
14-day prison sentence. urn:newsml:reuters.com:*:nL2N2640OR 
    Also on Friday, Peter Dameris, staffing company ASGN Inc's
 ASGN.N  former chief, agreed to plead guilty. "He is deeply
apologetic," said his lawyer, Richard Crane.
    Prosecutors allege Loughlin and Giannulli conspired with
Singer to fabricate parts of their daughters' applications so
they could be admitted as fake rowing team recruits. urn:newsml:reuters.com:*:nL1N2CQ1ED
    Prosecutors said Giannulli also paid $500,000 to induce a
university employee to facilitate the recruitment of daughters
Olivia Jade and Isabella Rose Giannulli.

 (Reporting by Nate Raymond in Boston; Editing by Tom Brown and
Jonathan Oatis)
 ((Nate.Raymond@thomsonreuters.com and Twitter @nateraymond;
617-856-1312; Reuters Messaging:
nate.raymond.thomsonreuters.com@reuters.net))
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