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Non-profit paid $100,000 to company with same address at UCLA soccer coach

The tax exempt non-profit foundation at the center of a wide ranging federal racketeering college admissions case paid $100,000 during the fiscal year 2016 to a company that listed its address as residence of UCLA soccer coach Jorge Salcedo, the Southern California News Group has learned.
The Key Worldwide Foundation paid $100,000 to Princeville Enterprise of Los Angeles in 2016, according to documents filed with the Internal Revenue Service. Princeville lists its address as the same as Salcedo’s home where he was listed from May 1987 to April 2018, according to property records.
Salcedo was indicted by the U.S. District Court for conspiracy to commit racketeering Tuesday and placed on leave , the school announced, after he was one of nearly 50 people reportedly involved in a widespread investigation of college admissions and testing bribery scheme.
Princeville was established by Salcedo in 2004 and had an office on Wilshire Boulevard in Beverly Hills, according to state records. But the company was suspended by the state franchise tax board in 2011.
Salcedo, an All-American and national champion as a player at UCLA who has been his alma mater’s head coach for the past 15 years, is alleged to have taken payments totaling $200,000 in exchange for helping admit one female and one male applicant to UCLA under the pretense they were soccer recruits when they did not play competitive soccer.
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