*They’re going to jail … for a little while. Lori Loughlin and her husband Mossimo Giannulli will take a plea deal that will see them serve only two and five months respectively in prison for taking part in a college bribery scheme to get their daughters into school.
If you’ve been following their case, you know they could’ve been sentenced to a staggering 40 years behind bars each for paying Rick Singer, the scheme mastermind, $500,000 to pass their daughters off to officials at USC as rowing stars when neither had ever played the sport.
They were arrested last year in March along with 50 other parents including actress Felicity Huffman.
Initially, Loughlin and Mossimo pleaded not guilty and insisted they thought they were giving money to charity but on Wednesday, the pair both signed plea agreements where they accepted they will plead guilty to one count of conspiracy to commit fraud.
As part of their plea deal, Lori will serve two months in prison and pay $150,000 and Mossimo will serve five months in prison.
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