BREAKING NEWS: Lori Loughlin and Mossimo Giannulli will serve two months in prison after changing their plea to GUILTY in college admissions scandal
Lori Loughlin and her husband Mossimo Giannulli have changed their plea to guilty in the college bribery admission scandal.
The pair have for months denied their role in paying $500,000 to get their daughters into USC under false pretenses.
The Justice Department on Thursday announced they had changed their plea to guilty on a range of conspiracy to commit wire and mail fraud.
As part of their plea deal, the pair will both serve two months in prison and pay $150,000.
They will then serve two years of supervised release.
It is unclear when their sentence will begin. A sentencing hearing has not yet been set.
What drove them to change their plea is also unknown.
They had been facing some 40 years if they’d been convicted at trial.
Lori Loughlin and her husband Mossimo Giannulli have changed their plea to guilty in the college bribery admission scandal