Business leaders absentee after being accused of scam at college admissions



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Caplan, 52, from Greenwich Connecticut, was indefinitely discharged by Willkie Farr, according to reports. The New York-based law firm has 700 lawyers in 10 offices in six countries. Caplan would have paid $ 75,000 for her daughter's test score to change. He was released on Tuesday with a $ 500,000 bail.

"I do not worry about the moral issue here," Caplan said during a phone call cited in the indictment. "I'm worried about it – if she's surprised to do that, you know, she's finished."

The University of Southern California has also reportedly fired two sports department employees, Donna Heinel, assistant director of sports, and Jovan Vavic, water polo coach, for accepting bribes over 1.3 $ 250,000, respectively, to help children get hired.

Other business leaders accused included Agustin Huneeus, head of the Huneeus Vineyard in Napa Valley, California; Douglas Hodge, former CEO of Pimco; and Robert Zangrillo, CEO of Dragon Global, an investment firm whose website states that it manages more than $ 1 billion worth of companies with a market value of more than $ 500 billion. Companies did not immediately respond to CNBC's requests for comment.

William Singer, CEO of the Key Worldwide Foundation, who was identified as the head of the scam, pleaded guilty to four counts on Tuesday. Federal prosecutors said his company had helped parents bribe college coaches to take their children without a sports experience and to help change student responses to SAT and ACT exams.

Prosecutors said Henriquez and his wife paid $ 400,000 in bribes for their daughter to be in Georgetown and hired a cooperating witness to help their other daughter pass her standardized test. The couple also allegedly bribed the Georgetown tennis head coach to name their daughter as a sports rookie. They were released each on bail of $ 500,000.

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