Several high profile celebrities, CEOs and college coaches, were indicted on Tuesday for allegedly participating in a scheme "focused on getting students admitted to elite universities as recruited athletes, regardless of their athletic abilities, and helping potential students cheat on their college exams."

According to a report by NBC News, former "Full House" actress Lori Loughlin and "Desperate Housewives" star Felicity Huffman were among the 50 people charged in the $25 million college entrance exam cheating scheme.

The plot involved students who attended or were seeking to attend Georgetown University, Stanford University, UCLA, the University of San Diego, USC, University of Texas, Wake Forest, and Yale, according to federal prosecutors.

Bribes reportedly ranged from a few thousand dollars to up to $6 million.

ABC news reports:

"The alleged scam centered around a man in California who ran a business helping students get into the college of their choice."

"Authorities say parents would pay him a predetermined amount, with full knowledge of what they were doing. He would then steer the money to one of two places: either an SAT or ACT administrator, or a college athletic coach."

"The coaches would allegedly arrange a fake profile that listed the prospective student as an athlete, and exam administrators would either hire proctors to take the test or correct the answers of a student."

For instance, Loughlin and her husband reportedly agreed to pay bribes totaling $500,000 in exchange for having their two daughters designated as recruits to the USC crew team, despite the fact that they weren't on any crew teams.