Detailed text transcripts for TV channel - CNN - 20190312:18

Detailed text transcripts for TV channel - CNN - 20190312:18:02:00

laundering conspiracy, conspiracy to defraud the united states and obstruction of justice. between roughly 2011 and 2018, wealthy parents paid singer about $25 million in total to guarantee their children's admission to elite schools including yale, georgetown, stanford, the university of southern california, the university of texas, ucla, and wake forest. >> let's start with our reporter in boston, she attended the news conference. and bryn, how did this happen? >> reporter: well, we're on the same wavelength because i'm holding that you will paperwork in my hand -- holding all that paperwork in my hand. it's dense, descriptive about the people named in the case. it was a year-long investigation. varsity blues is what the federal authorities called it. it's complex, as you can imagine. let me try to break this down. what authorities are basically

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