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To: LouAvul
What you describe there is a valid tax fraud case. Many of the parents involved in this admissions “scandal” were charged with tax fraud for the reasons you describe. I don’t think the parents named in this article were among them.

It’s worth noting that some of these parents may have been smart enough to make the “charitable donation” while NOT listing it as a charitable contribution on their tax returns. There is no exposure to a tax fraud charge in that case.

43 posted on 10/28/2022 5:34:30 AM PDT by Alberta's Child ("It's midnight in Manhattan. This is no time to get cute; it's a mad dog's promenade.")
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To: Alberta's Child
The earlier cases (involving the two actresses I forgot their names) also did not specify, in the media accounts, the charge was tax fraud and money laundering.

Again, there's nothing wrong with bribing the pimps who masquerade as college admins, coaches or teachers. One simply disguises it as an endowment, etc.

But Singer was laundering the money through his personally held charity. The parents contributed to that, which made them complicit. Then the parents deducted it from their taxes.

Again, none of this was revealed in the original newscasts.

54 posted on 10/28/2022 6:11:21 AM PDT by LouAvul (Complacency is the enemy of courage.)
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