FILE - In this April 3, 2019, file photo, actress Lori Loughlin, front, and her husband, clothing designer Mossimo Giannulli, left, depart federal court in Boston. (AP Photo/Steven Senne, File)
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.
Tere Perez, COO of Exile, joins ChedHER to discuss the company's mission of creating original content for audiences across the U.S. and Latin America, and how the team is empowering Hispanic creators.
Carlo and Baker cover Facebook's big rebrand, the latest on Biden's economic agenda and more. Plus, ranking the best Halloween candy and the worst couple's costumes.
New controversy emerges in the MLB surrounding comments from commissioner Rob Manfred. While speaking to reporters before game one of the World Series, Manfred shrugged off questions about the Houston Astros' sign-stealing scandal, and also offered support for the Atlanta Braves to keep its name, which the National Congress of American Indians has already condemned. Forbes SportsMoney senior contributor Maurey Brown joins Cheddar News' Closing Bell to discuss this and other storylines in the MLB.
Comedian and actor Phoebe Robinson joins Cheddar News to discuss her latest HBO Max Special, 'Sorry, Harriet Tubman.' The comedian also talked her new partnership with LG and OkCupid, helping people find their 'laundry love.'
On this episode of 'Cheddar Innovates': President of iCAD breaks down how its technology is being used as a short-term breast cancer risk estimation for women; A look at Curiosity Stream's 'The Science of Thrills.'
Dems race for a deal on President Biden's economic agenda ahead of his big foreign trip. What to make of the latest threat assessment in Afghanistan. Plus, the meme cryptocurrency of the moment that's now worth more than many Fortune 500 companies.
The U.S. has now joined a handful of countries that allow a gender designation other than 'male' or 'female' on passports. Chris Johnson, White House Reporter for the Washington Blade, joined Cheddar to discuss.