Actress Lori Loughlin and her fashion designer husband, Mossimo Giannulli, have agreed to plead guilty to charges in the college admissions bribery case and serve two months in prison, according to court papers filed Thursday.

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.

“Under the plea agreements filed today, these defendants will serve prison terms reflecting their respective roles in a conspiracy to corrupt the college admissions process and which are consistent with prior sentences in this case," said United States Attorney Andrew Lelling. "We will continue to pursue accountability for undermining the integrity of college admissions.”

An attorney for the couple declined to comment.

Loughlin and Giannulli previously pleaded not guilty and firmly insisted on their innocence even as other parents reached deals with prosecutors. The couple are the 23rd and 24th parents to plead guilty in the case.

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.

Share:
More In Culture
Jury Finds Rittenhouse Not Guilty in Kenosha Protest Shootings
Kyle Rittenhouse was acquitted of all charges Friday after pleading self-defense in the deadly Kenosha shootings that became a flashpoint in the debate over guns, vigilantism and racial injustice in the U.S. Criminal Defense Attorney Anthony Tall joins Cheddar News' Closing Bell to discuss the verdict, potential judicial precedent, and more.
How Biden's Build Back Better Act Could Bring Cheaper E-Bikes to the U.S.
President Joe Biden's "Build Back Better" bill could mean cheaper electric bicycles and scooters as the nation attempts to shift away from gas-powered cars. Noa Banayan, the director of federal affairs at PeopleForBikes, joined Cheddar's "Closing Bell" to provide some background on the E-Bike Act included in Biden's reconciliation bill that would provide tax credits for qualified purchases. "We want to make sure, from the bike industry's perspective, that this is a technology and a product that is available to the majority of Americans who want to lower their carbon footprint and get around town faster and do everything that they would normally do in a short car trip but by bike, because it's healthier, it's fast, it's efficient, you're not in traffic," she said.
'Upstream Collective' Looks to Make Creating a DAO More Accessible
It's being called the next big trend in crypto. A decentralized autonomous organization, or DAO, is an internet community of different types of groups and businesses. The purpose is to allow people to commit funds to a specific cause in a safe way. Now, one social platform is creating a do-it-yourself kit for those who want to step into the space. Upstream Collective just launched the beta mode of its platform with the goal of putting all facets of running a DAO in one place. Alex Taub, co-founder and CEO of Upstream, joins Cheddar News to discuss.
NASA to Crash Satellite Into Asteroid During 'DART' Mission
A NASA spacecraft that will deliberately crash into an asteroid is preparing to launch this week. The goal of the DART mission, or the Double Asteroid Redirection Test, is to hit the smaller of the two asteroids, Dimorphos, with the spacecraft at about 15,000 miles per hour and see how the impact changes the asteroid’s trajectory. Joey Roulette, space reporter at The New York Times, joins Cheddar News to talk more about it.
Macy's Thanksgiving Day Parade Returns to the Streets With the Help of Baby Yoda
After a pandemic pause where the Macy's Thanksgiving Day Parade was closed to the public, the annual tradition is returning to the streets of New York with some new, yet familiar, faces. In addition to 10 marching bands, dozens of floats, 30 heritage balloons, and five other newcomers, one creature from a galaxy far, far away is joining the festivities, courtesy of toy manufacturer Funko. Coming in at 41 feet tall, 29 feet long, and 37 feet wide, the Funko Pop!-inspired Grogu balloon, from "The Mandalorian," will make his debut this year. Cheddar's Michelle Castillo reports.
Load More