A Boston area man has been found guilty of conspiracy and wire fraud, bringing an end to a long and complex investigation into a web of deceit that spanned years and multiple states.
According to court documents, Steven Colburn, 56, of Boston, was convicted of conspiracy to commit wire fraud and wire fraud in connection with a scheme to defraud Educational Testing Service, a nonprofit organization that administers standardized tests for colleges and universities.
The scheme, which was uncovered in 2019, involved the use of bribery and other forms of corruption to secure admission to top colleges and universities for underqualified students.
Colburn was one of several individuals charged in connection with the scheme, which also involved William Rick Singer, the founder of the college prep company The Key Worldwide. Singer, who has pleaded guilty to multiple counts of conspiracy and fraud, is currently serving a 9-year prison sentence.
In addition to conspiracy and wire fraud, Colburn was also charged with making false statements to a financial institution in connection with his role in the scheme.
Colburn’s sentencing is scheduled for April 30, 2024, at which time he faces up to 60 months in prison. His conviction is the latest development in a long and complex investigation into the college admissions scandal, which has uncovered widespread corruption and abuse of power among high-society parents and college administrators.
The case has sparked outrage and calls for reform among lawmakers and education officials, who have vowed to crack down on corruption and ensure that admission to top colleges and universities is based on merit rather than wealth and influence.
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Key Facts
- Agency: U.S. Federal Court
- Category: White Collar Crime
- Source: Official Source â†â€â€ÂÂ
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