In this April 3, 2019 file photo, actor Lori Loughlin, front, and husband, clothing designer Mossimo Giannulli, left, depart federal court in Boston after facing charges in a nationwide college admissions bribery scandal. Loughlin was released from federal prison in Dublin, Calif., Monday, Dec. 28, 2020, after spending two months behind bars for paying half a million dollars in bribes to get her two daughters into college. (AP Photo/Steven Senne, File)
By Alanna Durkin Richer
“Full House” actor Lori Loughlin was released from prison Monday after spending two months behind bars for paying half a million dollars in bribes to get her two daughters into college.
Loughlin was released from the federal lockup in Dublin, California, where she had been serving her sentence for her role in the college admissions bribery scheme, the federal Bureau of Prisons said. Her husband, fashion designer Mossimo Giannulli, is serving his five-month sentence at a prison in Lompoc near Santa Barbara, California.
Loughlin and Giannulli were both initially supposed to report to prison on Nov. 19, but prosecutors and defense attorneys agreed Loughlin could start her sentence on Oct. 30. Loughlin also agreed that she would not seek early release on coronavirus-related grounds, prosecutors said.
Giannulli is scheduled to be released on April 17, the Bureau of Prisons says.
Loughlin and Giannulli were among the highest-profile defendants charged in the scheme, which revealed the lengths to which some wealthy parents will go to get their children into elite universities.
The famous couple admitted in May to paying $500,000 to get their two daughters into the University of Southern California as crew recruits even though neither girl was a rower. Their guilty plea was a stunning reversal for the couple, whose lawyers had insisted for a year were innocent and accused investigators of fabricating evidence against them.
The only public comments either Loughlin or Giannulli made about the case since their arrest last year came at their sentencing hearings in August. Loughlin told the judge her actions “helped exacerbate existing inequalities in society” and pledged to do everything in her power to use her experience as a “catalyst to do good."
Their younger daughter, social media influencer Olivia Jade, made her first public remarks about the scandal this month on the series “Red Table Talk." Olivia Jade said she doesn't want or deserve pity.
“We messed up. I just want a second chance to be like, ‘I recognize I messed up.’ And for so long I wasn’t able to talk about this because of the legalities behind it," she said.
Of the nearly 60 parents, coaches and others charged in the case, about a dozen are still fighting the allegations. The sentences for the parents who have pleaded so far in the case range from a couple weeks to nine months.
Streaming giant Netflix has thrown its hat into the ring with some video game offerings of its own so far, but the hurdles to gaining market share in the space might be daunting despite recently acquiring its third game development studio. Kenny Rosenblatt, the president and co-founder of casual game maker Arkadium, joined Cheddar to offer his view of where things are headed for Netflix. "Microsoft entered the video game market in 1990, years ago with 'Windows Solitaire. It has taken them that long to become the player that they are today," he said. "So I like what Netflix is doing. Slow and steady wins the race."
U.S. stocks closed Tuesday's session near session highs. The Dow Jones Industrial Average rose 350 points, after rising more than 400 points at its session high. Shares were also impacted positively by optimism around peace talks in Ukraine. Nancy Prial, Co-Chief Executive Officer & Senior Portfolio Manager of Essex Investment Management, joins Cheddar News' Closing Bell to discuss.
Food, paper, and plastic are known to be major factors when it comes to America's trash; but furniture is high on that list, as well. According to the EPA, furniture makes up twelve million tons of waste in landfills every year. It's a problem that one online furniture store is trying to solve. Alpay Koralturk, Founder & CEO of Kaiyo, joins Cheddar News' Closing Bell to discuss.
Bitcoin surged to its highest level on Monday since January 2nd. The gains also come after a late Sunday rally for the cryptocurrency, when it surpassed the key price of $45,000, and also turned positive for 2022. Matt Hougan, CIO of Bitwise Asset Fund, joins Cheddar News' Closing Bell to discuss what is behind the recent rallies for Bitcoin and other cryptocurrencies.
Founder and CEO of Capital Postal & Mail Box Service, Takisha Clark, joined Cheddar News to talk about being the first black woman to own a postal franchise, the obstacles she faced when launching her business, and how she overcame them. “I ran into just dealing with lack of resources, dealing with just being a black woman, just trying to become this entrepreneur and be inspiring to others, so it's been a journey," she said. "It's been hard, and I've just been maneuvering through the cracks."
Actress, model, author, and entrepreneur Brooke Shields has joined organic CBD company Prospect Farms as its chief brand officer. She joined CEO Brad Tipper to talk to Cheddar News about her coming aboard. Shield’s explained how her involvement with Prospect Farms stemmed from a discussion about her lack of sleep. “I started learning about the positive effects and the different ways that CBD can be introduced to a person's life, and I was just sort of fascinated because it all feels so new to me," she said.
The co-writers and directors of the movie "Everything Everywhere All at Once" Daniel Kwan and Daniel Scheinert joined Cheddar News to discuss their new sci-fi action-comedy starring Michelle Yeoh now in select theaters. The filmmakers talked about bringing the multiverse-traversing plot to life, as well as getting the chance to tell an Asian American story following in the footsteps of successful films like "Crazy Rich Asians." "We like to make films that we want to see on the screen, and even if that means they don't exist or even that means that the world might not be ready for them," said Kwan. "That's what we're chasing. Luckily for us, the movie took so long to make that by the time it was finished or by the time now that it's done, so much has changed."
Paul Mundell, Executive Director of the American Service Dog Access Coalition, joins Cheddar Reveals to discuss why emotional support, therapy, and service dogs are important.
Plastic has become the face of global pollution. To date, humans have produced 8.3 billion metric tons of it. Once discarded, plastic doesn’t biodegrade. Instead, it fragments into microplastics smaller than the size of a sesame seed and further into nanoplastics.
These tiny particles of plastic end up everywhere, deep in the ice of Antarctic glaciers or even inside our bodies.
So how much plastic is inside of us? And what does it mean for our health? Let’s find out.
Catching you up on what you Need to Know on Mar 29, 2022, with updates on the snow squall in Pennsylvania that caused a pileup killing three, the teacher's strike in Sacramento heading into week two, Walmart no longer selling tobacco products in select stores, and what meme stocks are up to this week.
