Mr. Singer has pleaded guilty: He pleaded guilty to counts of racketeering conspiracy, money laundering conspiracy, conspiracy to defraud the United States, and obstruction of justice in federal court in Boston on Tuesday. The judge set sentencing for June 19, and Mr. Singer was released on a $500,000 bond.
No charges for students: Federal prosecutors have not charged any students or universities with wrongdoing, saying that many students were not aware of what their parents were up to. But Ms. Loughlin’s daughter, Olivia Jade Giannulli, a social media influencer with close to two million YouTube subscribers, is drawing scrutiny for her paid posts about college life.
The parents are facing charges: Many parents were charged with conspiracy to commit mail fraud and honest services mail fraud. If they are convicted, their sentences would most likely be determined in part by how much they paid. For instance, parents who paid $75,000 could get 12 to 18 months in prison, while those who paid $500,000 could get 30 to 37 months, according to Courtney Oliva, a researcher at the New York University School of Law. If the parents plead guilty, the sentences could be somewhat shorter.
Coaches are facing the consequences: The sailing coach at Stanford was fired. The U.C.L.A. men’s soccer coach was placed on leave, as was the Wake Forest women’s volleyball coach, and the men’s tennis coach at the University of Texas. Other coaches have also faced disciplinary action.
U.S.C. faces more scrutiny: This isn’t the first scandal to ensnare the University of Southern California, but this time, the school is near the epicenter. Four U.S.C. athletic officials are charged with taking bribes in the scheme, more than are named at any other institution.
Students are suing: The legal fallout has already spread beyond the criminal case, and is probably only beginning. Two Stanford University students brought a federal class-action suit on Wednesday on behalf of “qualified, rejected” students, accusing eight schools of negligence. (The suit was amended on Thursday, dropping one plaintiff and adding others with no ties to Stanford.) “Each of the universities took the students’ admission application fees while failing to take adequate steps to ensure that their admissions process was fair and free of fraud, bribery, cheating and dishonesty,” the lawsuit argues. Representatives of the eight universities named as defendants in the case declined to comment or did not respond to messages.
Businesses have responded: Mr. McGlashan was terminated by the private equity firm TPG on Thursday, the company said. Gordon Caplan, co-chairman of the global law firm Willkie Farr & Gallagher, was placed on a leave of absence and his management responsibilities were stripped. Another parent, Doug Hodge, the retired chief executive of Pimco, one of the world’s biggest bond fund managers, was removed from an investment firm’s website. On Thursday, two California private schools where Mr. Hodge was a board member said they were cutting ties with him. The Thatcher School said it had asked Mr. Hodge to step down, and the Sage School said he had resigned.
Other clients are stunned: Mr. Singer’s company’s website included testimonials from some of the hundreds of families who used its legitimate counseling services, including one from the golfer Phil Mickelson, whose daughter Amanda is a sophomore at Brown University. Asked about the scandal on Thursday after the first round of the Players Championship, Mr. Mickelson said, “We’re probably more shocked than anyone.” He said Mr. Singer had come well recommended by friends, and did not approach him about doing anything fraudulent for his daughter.
Read more about some titans of finance and law who have been swept up in the scandal.