Cheating, Bribes & Lies: DOJ Charges Dozens of Rich Parents & Coaches in College Admission Scandal

Operation Varsity Blues. That's the name of a sweeping federal probe into what the Justice Department calls the biggest college admissions scam the agency has ever uncovered. On Tuesday, 50 people, including 13 college coaches, were arrested for taking part in a scheme where wealthy parents paid exorbitant bribes to secure spots for their unqualified children in elite schools, including Yale, Stanford, Georgetown, UCLA, USC and Wake Forest. Prosecutors have charged 33 parents, including Hollywood stars Felicity Huffman and Lori Loughlin; Loughlin's husband, the fashion designer Mossimo Giannulli; and Bill McGlashan, a founder of TPG Capital, one of the largest private equity investment firms in the world. We speak with Ivory Toldson, professor of counseling psychology at Howard University and president of Quality Education for Minorities. His new book is titled "No BS (Bad Stats): Black People Need People Who Believe in Black People Enough Not to Believe Every Bad Thing They Hear About Black People."