Don’t do the crime if you can’t pay the time. Giannulli said at his sentencing: “I deeply regret the harm that my actions have caused my daughters, my wife and others. Mossimo Giannulli will pay a $250,000 fine and perform 250 hours of community service. The charges were one count of conspiracy to commit wire and mail fraud.
In 2019, the couple was charged with one count of conspiracy to commit federal programs bribery in addition to charges of money laundering conspiracy, conspiracy to commit mail and wire fraud and honest services mail and wire fraud.
Lori Loughlin will be sentenced later in the day on Friday. She pled guilty with a deal that prosecutors would allow for for her to serve two months in jail. Loughlin will pay a $150,000 fine. For the both of them it seems like a slap on the wrist considering they paid at least $500,00 to get their children into college. The couple insisted they made “legitimate donations” to Rick Singer and Key Worldwide Foundation for their daughters to get into the University of Southern California crew team. Neither of her children, Isabella Rose Giannulli, and Olivia Jade Giannulli, never participated in the sport.
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