A slew of CEOs charged in college entrance cheating scam
Two high-profile actresses and a slew of top business executives, including a former head of Pimco and a founder of Hercules Capital, were among more than 40 people charged in a $25 million cheating scheme to help wealthy students to gain admission to top colleges, law enforcement officials said Tuesday.
— Robert Zangrillo, CEO of Dragon Global, an investment company. Dragon Global's website says its funds have managed investments of more than $1 billion in companies that now have over $500 billion market value, including Facebook, Twitter, Uber, Jet.com and Ulta.
Actresses Felicity Huffman, who starred in ABC's "Desperate Houswives," and Lori Loughlin, who appeared in ABC's "Full House," were charged, along with Loughlin's husband Mossimo Giannulli, founder of the American fashion company Mossimo. William Singer, CEO of the Key Worldwide Foundation, was identified by authorities as the ringleader of the scheme.