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Latest College Bribery Scheme News

breakingBusiness

Lori Loughlin’s ‘Fuller House’ Future Dim Due To Elite School Bribery Scandal

First it was Hallmark Channel cutting Lori Loughlin loose earlier today after her indicted involvement in the elite college admissions fraud scheme. Now it seems inevitable that Netflix will not be inviting the actor known around the world as Aunt Becky back for the fifth and final season of Fuller House. "She's toast, it's over," said one well positioned source of Loughlin's Tanner residence future. While no official final decision has been made by the streamer or… Read

Business

TPG Puts Bill McGlashan On Leave Amid College Bribery Scandal

Bill McGlashan, the founder and managing partner of TPG Growth which is majority owner of CAA and helped launch STX Entertainment among other Hollywood entities, has been put on administrative leave by parent company TPG after he was among 46 people indicted Tuesday for their part in a nationwide college bribery scam. McGlashan made Vanity Fair's 2017 list of the 100 most influential people in business, politics and technology as CEO of The Rise Fund, a $2 billion… Read

breakingBusiness

Felicity Huffman Arrested In Elite College Bribe Scheme; Lori Loughlin, Hollywood Investor Bill McGlashan & Others Charged – Update

Felicity Huffman Lori Laughlin

3rd UPDATE, 1:51 PM: Also caught up in today’s FBI charges is TPG Growth CEO and managing partner Bill McGlashan, a co-founder of STX Entertainment and Evolution Media. He also is a board member at CAA, in which TPG Growth’s parent company, TPG, bought a majority stake for $225 million in 2014. He made Vanity Fair‘s 2017 list of the 100 most influential people in business, politics and technology as CEO of the Rise Fund, a $2 billion impact-investment platform. At least… Read