Lori Loughlin and Mossimo Giannulli finally agreed to a plea deal last week. They even appeared via video-link in federal court in Boston to enter their new guilty pleas. Lori and Mossimo won’t be sentenced until August, which gives me a slight hope that they’ll actually see some prison time and not just get out of a prison sentence because of the pandemic. Well, I should have known that Lori would run to People Magazine for yet another sympathetic cover story. And here we are:
Lori Loughin and Mossimo Giannulli are still waiting for a judge to approve their plea deal in the nationwide college admissions scandal, but the Full House star and her husband are ready to put their legal nightmare behind them.
“Lori and Mossimo deeply regret what they did,” says a Loughlin source in the latest issue of PEOPLE. “This experience has taken a huge emotional and physical toll on both of them.”
On May 22, Loughlin, 55, confessed to one count of conspiracy to commit wire and mail fraud, while Giannulli, 57, pleaded guilty to one count of conspiracy to commit wire and mail fraud and one count of honest services wire and mail fraud. Loughlin agreed to serve two months in prison (though the coronavirus pandemic could affect that time), pay a $150,000 fine and do 100 hours of community service, while Giannulli agreed to serve five months, pay $250,000 and do 250 hours of community service. Both could also spend two years on supervised release.
“Mossimo took the more active role of the two, and the money technically came from him,” says a legal source of Giannulli’s stiffer sentence. “He dealt with Rick Singer more frequently and was the one who originally connected with him,” says the legal source. “Lori was a bit more passive, but she was aware of everything that Mossimo was doing.”
Now with sentencing scheduled for Aug. 21, no matter the outcome, Loughlin and Giannulli are ready to move on with their lives. “There’s light at the end of the tunnel,” says the legal source. “They want to serve their sentences, pay their dues and put this behind them.”
While I’ve seen no mention of this in any of the reporting, I would be willing to bet that Lori’s Karen Defense was costing them exorbitant legal fees. They’ve had several lawyers on their case for more than a year, all because Lori is unhinged and she thought she could simper and preen and Hallmark Channel her way out of everything. I would imagine that Lori and Mossimo are struggling financially – meaning, they don’t have millions to blow on a long legal battle. As for their newfound regret… sure. Whatever. I just hope this is the end of these cheesy People cover stories.
Photos courtesy of Avalon Red, WENN.
Sure they do 🙄. They regret the blowback, that’s all.
Much like Central Park Amy, they are upset because they got caught. Not for what they did which is calculated & deliberate
Yea, this complete turnaround is a result of their lawyer finally getting through to them and convincing them to change their tune. They are using the timing of the pandemic to lessen the blow as well. Ugh.
Yea, no one believes that. And no believes that they were under insane pressure. No one expects anything from her daughters. Her kids going to any college at all would have set them apart. These people are disgusting.
Bah ha ha ha ha ha ha ha ha ha. Okay Jan.
Nice that she’s throwing the husband under the bus. “He handled everything, she just happened to know about it.”
And no, they didn’t take the plea now because their guilt has been weighing on them. I bet anything that they’re doing it now hoping they won’t have to actually serve time behind bars because of Covid19. Selfish unrepentant trash.
When I saw they had plead guilty, this was my #1 thought as well. They are ONLY agreeing to this because the pandemic means they most likely won’t serve any time. These people are trash.
I’m not sure how to feel about this. While they do have to pay a combined $400k and have basically become pariahs, I still feel like they’re getting off light. They’re still rich, low-caliber famous white people and there’s a pandemic on. I bet neither will actually see a jail cell.
I hope his brand tanks and the Hallmark Channel returns none of her calls.
I hope the judge can magically turn the word months into the word years. A girl can dream.
She’s never going to shut up, is she?
I don’t know anything about federal criminal trials but I do know a lot (although I am not an attorney) about federal civil litigation/trials through my prior employment of three decades. Legal work at the federal level for a high profile bi-coastal case will be extremely expensive. The fees and expenses for their representation could end up being as much as $750,000 to $1,000,000 USD.
I’ll bet that they actually used two high powered firms- one in So Cal and one in Boston. That just amplifies the costs for the defendant because then you have one or two $1,500 per hour attorneys talking to another $1,500 per hour attorney and you are the one paying the fees for everyone. Also, legal costs will not stop immediately as the proceedings and necessary filings will not conclude until well after sentencing. The fine may not be the end of their financial obligations in regard to the government as I have seen the DOJ collect additional fees for the government costs (in addition to any fines). This would depend on how their plea agreement is structured.
If you add in the other fees that they have probably paid for publicists and (possibly) a crisis management team along with the fact that they may have had to engage separate lawyer(s) for their daughters at one point and they face a very tidy sum before you add in the fine. Altogether, when all is said and done, they are looking at a rather large sum.
He is taking the bulk of the blame because it was his money …. wtf? Aren’t they married. What a freakin lazy excuse.
Buh bye Becky
Oh, of course they regret, deeply… because they got caught, and because it ruined their reputation and spoilt their careers…!🤷♀️