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.
A record number of children got homeschooled during the pandemic, jumping over 60 percent in the 2020-2021 schoolyear compared to pre-pandemic numbers. Andrew Bacher-Hicks, Assistant Professor of Education Policy at Boston University joins Cheddar News to explain why many parents are sticking to home education even after schools reopened their doors.
Frankie Grande of Nickelodeon’s "Danger Force" is taking his villain act to another show on the network, "Side Hustle," for a crossover event dubbed "When Worlds Collide." The actor, dancer, singer, producer, television host, and YouTube personality joined Cheddar News to talk about putting the project together. “What I will tell you is these unbelievable actors from very, very young ages were so inspirational to work with," he said of his castmates. "They showed up, they knew their lines, they hit their marks." Grande also went into detail about his very nerdy engagement with Hale Leon in virtual reality.
Inflation is driving a return to the gig economy, according to a new survey from Branch & Marqeta that found 85 percent of workers have increased or planned to increase their amount of gig work in the past six months, with 58 percent citing inflation as the reason behind this change. Arun Sundararajan, professor at NYU Stern School of Business, breaks down this dynamic and how it's impacting the broader economy. "Inflation is rampant and people need more money. Salaried wages haven't kept up. Plus the labor market is tight. People can't find full time employees, employers can't find full time employees, and so some people are being opportunistic," he said. "And I also think there's a COVID effect because people have gotten used to more flexibility and time and space because people have gotten used to more flexibility and time and space, through the months of the lockdown."
The FDA just approved a first-of-its-kind treatment for individuals with blood cancer that has proven results of 5-year survival rates. Christi Shaw, CEO of Kite, a Gilead company, joins Cheddar Innovates to discuss how this treatment works and compares to others currently on the market.
Dr. Neta Lavon, CTO and VP of R&D at Aleph Farms, joins Cheddar Innovates to discuss how the team sent cow cells to space to further research the production of meat in space, and why developing cultivated meat is so critical to the future of space travel.
