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Lori Loughlin and Mossimo Giannulli to plead guilty, serve prison time for college scam

Lori-Loughlin-indicted

BOSTON (AP) -- Court papers show actress Lori Loughlin and her fashion designer husband, Mossimo Giannulli, have agreed to plead guilty to charges that will include prison time in the college admissions bribery case.

The couple agreed to plead guilty to conspiracy to commit wire and mail fraud in a plea agreement filed in Boston's federal court.

The charge carries up to 20 years in prison and a fine of $250,000.

Prosecutors have agreed to dismiss charges of money laundering and federal programs bribery that were added after the case was filed.

An attorney for the couple declined to comment. Loughlin and Giannulli are accused of paying $500,000 in bribes to get their daughters into the University of Southern California as crew team recruits, even though neither of them played the sport.

Associated Press

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