Four more parents plead guilty in college admissions controversy
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Four more parents reportedly pleaded guilty Monday to taking part in the wide-ranging college admissions scandal that engulfed Hollywood celebrities including Felicity Huffman and Lori Loughlin.

The group of defendants, which includes a former owner of an investment firm and a former executive of the maker of Hot Pockets frozen meals, pleaded guilty Monday to paying hundreds of thousands of dollars each in bribes to get their children into various schools, including the University of Southern California and Georgetown University, according to CBS News.


At least one of the parents also paid about $100,000 to help her daughters cheat on the national ACT exam, CBS reported.

"I have always prided myself on leading by example, and I am ashamed of the decisions I made. I acted out of love for my children, but I know that this explanation for my actions is not an excuse," Douglas Hodge, former CEO of Pacific Investment Management Company, told CBS in a statement after his guilty plea. "I also want to apologize to the deserving college students who may have been adversely impacted by this process."

Fifteen other parents are reportedly fighting indictments in the ongoing scandal, with another 15 having already pled guilty. Nine of those sentenced so far have faced prison time.

Also pleading guilty on Monday was the head of a private tennis club in Houston, who admitted to racketeering charges after being accused of helping parents bribe officials to cheat on college entrance exams and arranging payments to get students admitted to the University of Houston and University of San Diego.

Martin Fox, the club's president, will pay back more than a quarter of a million dollars he received through the scheme, according to CBS News.

Huffman, a former actress on "Desperate Housewives," was sentenced to 14 days in jail for her role in the scheme last month.

Loughlin, a former "Full House" star, and her husband are fighting the charges against them, which prosecutors say could result in a substantially higher sentence.