Lori Loughlin and Mossimo Giannulli have agreed to plead guilty in the college admissions scandal and to each serve time behind bars after more than a year of maintaining their innocence.
The Massachusetts District Attorney’s Office announced Thursday that the couple will plead guilty at a yet-to-be-determined court date. Loughlin will plead guilty to one count of conspiracy to commit wire and mail fraud while Giannulli will plead guilty to one count of conspiracy to commit wire and mail fraud and honest services wire and mail fraud.
If the judge accepts the terms of their plea agreement, both will do time in prison. Loughlin would serve two months and pay a $150,000 fine along with two years of supervised release and 100 hours of community service. Giannulli, meanwhile, would serve five months in prison, pay a $250,000 fine with two years of supervised release and 250 hours of community service.
They will become the 23rd and 24th parents to plead guilty in the college admissions scandal, which saw parents pay large sums to scam mastermind William “Rick” Singer to get their kids admitted to the school of their choice through various allegedly fraudulent means.