Lori Loughlin and Mossimo Giannulli 'deeply regret' role in college admissions scandal: Source
Lori Loughlin and Mossimo Giannulli want to move on from the college admissions scandal. As the couple awaits a judge to approve their plea deal, a source close to the pair tells Yahoo Entertainment they are sorry for everything that's happened. "Lori and Mossimo deeply regret what they did and want to put this experience behind them."
A second insider echoed similar sentiments, telling Yahoo they are "prepared to serve their time" and hope "to move forward."
On Friday, the Full House star, 55, and her fashion designer husband, 56, officially pleaded guilty to one count of conspiracy to commit wire and mail fraud. Giannulli also pleaded guilty to one count of honest services wire and mail fraud.
Under the terms of Loughlin’s agreement, she will receive a sentence of two months in prison, a $150,000 fine and two years of supervised release with 100 hours of community service. Giannulli will serve five months in prison, pay a $250,000 fine and have two years of supervised release with 250 hours of community service. Legal experts told Yahoo it's possible they will serve less time behind bars due to the coronavirus pandemic.
According to People, which cites a "legal source," Giannulli received a stiffer sentence as he was more involved with illegally getting their daughters admitted to the University of Southern California.
"Mossimo took the more active role of the two, and the money technically came from him," an insider told the magazine.
Prosecutors say Loughlin and Giannulli paid $500,000 to William "Rick" Singer to get Isabella Rose, 21, and Olivia Jade, 20, into USC as crew recruits, even though neither played the sport. The couple had maintained their innocence, saying they believed their payments were legitimate donations to the school.
"He dealt with Rick Singer more frequently and was the one who originally connected with him," People's legal source said of Giannulli. "Lori was a bit more passive, but she was aware of everything that Mossimo was doing."
Judge Nathaniel M. Gorton is now weighing whether to sign off on the deal the couple struck with the government. Sentencing has been scheduled for Friday, Aug. 21, despite a push from Giannulli's lawyer to get the date moved up to July. However, Judge Gorton said he'd make them aware of his decision prior to that date, if possible, so the couple can prepare arrangements. A source tells Yahoo that Giannulli and Loughlin are hoping to serve their prison sentences at different times.
If Judge Gorton doesn't accept the agreement, Loughlin and Giannulli can change their pleas again and head to trial. A date was previously set for Oct. 5.
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