Lori Loughlin, Mossimo Giannulli plead not guilty in college bribery scandal

Lori Loughlin

Lori Loughlin is said to be "freaking out" at the prospect that she will likely face jail time in the college admissions cheating scandal, days after she and her husband Mossimo Giannulli were indicted on fresh charges of money laundering.

The parents are accused of paying Rick Singer, an admissions consultant, get their kids admitted at schools including Yale and Georgetown as athletic recruits and to cheat their kids' college entrance exams. So, they neglected to join the 13 other parents (including fellow actress Felicity Huffman) who agreed to plead guilty. The judge must approve their request not to appear to formally enter their pleas. The charge of conspiracy to commit money laundering provides for a maximum sentence of 20 years in prison, three years of supervised release, and a fine of $500,000 or twice the value of the property involved in the money laundering.

Loughlin, who played aunt Becky on the sitcom Full House, and Giannulli haven't publicly addressed the allegations against them.

Messages seeking comment were left by agents for Giannulli Loughlin and Janavs.

In her first public remarks since her arrest, she Huffman said she'd take the consequences and took accountability for her actions.

Other parents indicted on the new charge on Tuesday include Michelle Janavs, whose family developed the microwave snack line Hot Pockets before selling their company, and William McGlashan, who co-founded an investment fund with U2's Bono in 2017. They allegedly paid $500,000 to get their daughters into USC.

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The situation - the biggest college admissions strategy ever prosecuted by the U.S. Justice Department - has roiled the world of high education and amplified complaints the machine is stacked in favour of the rich.

They appeared at Boston federal court briefly last week and weren't asked to put in a plea.

On March 12, the U.S. Attorney's Office in MA announced that it had charged 50 people, including Loughlin and fellow actress Felicity Huffman, in the cheating scandal.

Their 19-year-old daughter, Olivia Jade, is a social media influencer, who apparently capitalized on her experience at USC with sponsored posts.

"I'm thrilled to announce "When Calls the Heart" Season 7 coming next year", she said.

Yikes! I guess we'll just have to see how Lori and Mossimo's case goes to know if they're actually going to have to serve any prison time, but either way, I bet that Felicity is feeling pretty good about opting to take the plea deal right about now.

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