University of Southern California Los Angeles campus. Photo: Allen J. Schaben/Los Angeles Times via Getty Images

More parents have been approached by federal prosecutors regarding their alleged involvement in the college admissions bribery scandal, creating panic among some elite families within the Los Angeles area, the New York Times reports.

The big picture: Prosecutors overseeing the scandal originally said they were charging 50 people, but are continuing investigations. Parents in the LA area connected with college consultant William Singer are now subject to a waiting game, hiring lawyers in preparation for what's next. Some are contemplating whether to turn themselves in, hopeful to receive more forgiving outcomes.

  • Though no additional indictments have been handed down yet, it's uncertain how many people have been contacted by federal prosecutors. Per the Times, prosecutors have expanded their contacts and requests, issuing subpoenas to gather financial records and call logs, according to 2 defense lawyers representing families involved in the case.

Go deeper: Timeline: The major developments in the college admissions scandal

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Why it matters: This was a for-the-history-books moment in a debate that was mostly headache-inducing noise. Trump failed to condemn racist groups after four months when millions marched for racial justice in the country's largest wave of activism in half a century.

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Photo: Saul Loeb/AFP via Getty Images

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A Shell station in Brazil. Photo: Rafael Henrique/SOPA Images/LightRocket via Getty Images

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Why it matters: The cuts could amount to over 10% of the company's global workforce, which was 83,000 at the end of 2019.