Date: December 9, 2021 Contact: email@example.com BOSTON — The owner of a warehousing company for the shipping industry has agreed to plead guilty in connection with his involvement in the college admissions case. I-Hsin "Joey" Chen of Newport Beach, California, has agreed to plead guilty to one count of wire fraud and honest services wire fraud. A plea hearing for the defendant has not yet been scheduled by the Court. Chen was previously scheduled for trial on Jan. 13, 2022. Chen will plead guilty to his role in a scheme to defraud ACT, Inc. by paying William "Rick" Singer $75,000 to bribe Igor Dvorskiy, a corrupt test administrator, to allow Mark Riddell, a corrupt test "proctor," to secretly correct Chen's son's ACT exam answers to obtain a fraudulently inflated score. Singer, Dvorskiy and Riddell have pleaded guilty for their respective roles in the scheme. Under the terms of the plea agreement, the defendant has agreed to a sentence, subject to the Court's approval, of nine weeks in prison, one year of supervised release with 100 hours of community service and a fine of $75,000. Chen will be the 38th, and final parent, in the college admissions case to either plead guilty or be convicted by a jury following trial. The charge of conspiracy to commit mail and wire fraud and honest services mail and wire fraud provides for a sentence of up 20 years in prison, three years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors. Acting United States Attorney Nathaniel R. Mendell; Joleen D. Simpson, Special Agent in Charge of the Internal Revenue Service's Criminal Investigations in Boston; Joseph R. Bonavolonta, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; and Mark Deckett, Resident Agent in Charge of the Department of Education, Office of Inspector General made the announcement today. Assistant U.S. Attorneys Kristen A. Kearney, Ian J. Stearns and Leslie Wright of Mendell's Securities, Financial & Cyber Fraud Unit are prosecuting the case. The details contained in the charging documents are allegations. The remaining defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.