Loughlin, Giannulli Admit Guilt in College Admissions Scam

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Actress Lori Loughlin and her husband, fashion designer Mossimo Giannulli, will admit to conspiracy charges in the nation’s college admissions scandal after maintaining their innocence for more than a year, USA Today reports. As part of separate plea agreement signed Wednesday with federal prosecutors, each will plead guilty Friday to one count of conspiracy to commit wire fraud and mail fraud.

If the plea is accepted by a federal judge, Loughlin, 55, former star of the television series “Full House,” would serve two months in prison, pay a fine of $150,000, serve two years of supervised release and do 100 hours of community service. Giannulli, 56, would serve five months in prison, pay a $250,000 fine and have two years of supervised release with 250 hours of community service. A hearing is set Friday before U.S. District Judge Nathaniel Gorton in Boston via videoconference. Loughlin and Giannulli were accused of paying $500,000 in bribes to the mastermind of a nationwide admissions scheme, Rick Singer, to get their two daughters accepted into the University of Southern California as fake crew recruits. They will become the 33rd and 34th defendants to plead guilty of 53 charged in the sprawling “Varsity Blues” scandal that also includes actress Felicity Huffman and a who’s who of wealthy investors, attorneys, developers and other parent defendants. Loughlin and Giannulli sent fake crew recruiting profiles to Singer that included made up credentials, medals and even photos of one of their daughters on a rowing machine. Neither daughter, Olivia Jade Giannulli and Isabella Giannulli, is now  enrolled at USC.

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