On Tuesday, April 9, Lori Loughlin and her husband, Mossimo Giannulli, were hit with new money laundering charges for their alleged involvement in the college admissions scandal. The Full House star, 54, and Giannulli were two of the 16 parents who were indicted by the Federal Grand Jury in Boston after refusing to take a plea deal.
According to documents obtained by In Touch, “Sixteen parents involved in the college admissions scandal were charged today in Boston in a second superseding indictment with conspiring to commit fraud and money laundering in connection with a scheme to use bribery to cheat on college entrance exams and to facilitate their children’s admission to selective colleges and universities as purported athletic recruits,” the official papers read.
Loughlin and Giannulli paid William “Rick” Singer to boost their kids’ ACT and SAT scores, so they could get into school. “On or about April 10, 2017, Giannulli wired $200,000 to KWF in exchange for Singer facilitating his older daughter’s admission to USC as a purported crew recruit,” the new indictment alleges. “On or about March 26, 2018, KWF issued a letter to Giannulli and Loughlin falsely indicating that ‘no goods or services were exchanged’ for the purported donation of $200,000.”
Almost a week ago on April 3, Loughlin, Giannulli, 55 and Felicity Huffman, 56, arrived at a federal Boston courthouse where Judge M. Page Kelley explained to them that they could face up to 20 years in prison. Both TV stars and Giannulli have been charged with “conspiracy to commit mail fraud and honest services mail fraud.” If they are convicted, the maximum sentence would be 20 years in federal prison, 3 years probation and a $250,000 fine.
The brunette beauty and Giannulli were arrested in March after they allegedly “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 did not participate in crew — thereby facilitating their admission to USC.”
One day earlier on Monday, April 8, the Desperate Housewives alum pleaded guilty to charges of conspiracy to commit mail fraud and honest services mail fraud. The actress took the blame for her actions. “I am pleading guilty to the charge brought against me by the United States Attorney’s Office. I am in full acceptance of my guilt, and with deep regret and shame over what I have done, I accept full responsibility for my actions and will accept the consequences that stem from those actions,” read the statement obtained by In Touch.
She continued, “I am ashamed of the pain I have caused my daughter, my family, my friends, my colleagues and the educational community. I want to apologize to them and, especially I want to apologize to the students who work hard every day to get into college, and to their parents who make tremendous sacrifices to support their children and so honestly.”
Meanwhile, Lori’s daughters, Isabella, 20, and Olivia, 20, are currently not attending the University of Southern California, since the school is “conducting a case-by-case review” of any student who was allegedly involved in the wrongdoing.
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