Mossimo Giannulli, Lori Loughlin Face 40 Years in Prison
Mossimo Giannulli and Lori Loughlin are being indicted for money laundering. The Mossimo fashion designer and “Full House” actress are now facing additional charges for their involvement in the nation’s largest college admissions scandal to date. Last month, they were charged with conspiracy to commit mail fraud, wire fraud and honest services mail fraud. Prosecutors are now indicting the couple for money laundering in addition to the other charges, according to court documents released Tuesday. The couple is among 14 other parents who are now facing the additional money laundering charge. This new charge alone calls for a maximum of 20 years in prison, in addition to the maximum 20 years associated with their previous charges. It was reported earlier that the couple could face a minimum of two years in prison for the original charges. Giannulli and Loughlin are being charged for paying up to $500,000 in bribes to get their two daughters, influencer Olivia Jade and her sister Isabella Rose Giannulli, admitted to the University of Southern California as crew recruits. Since news of the scandal broke, Jade has lost many of her influencer partnerships — including a now discontinued collaboration with Sephora — and has gone radio silent on socialFollow WWD on Twitter or become a fan on Facebook.
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