Lori Loughlin Now Facing 40 Years In Prison After Grand Jury Indicts Her And 18 Other Parents On Charges Of Fraud And Money Laundering In College Admissions Scandal

Lori Loughlin and her husband are now facing 40 years in prison and over one-million dollars in fines for allegedly bribing officials in a bid to get their daughters into the University of Southern California.   One day after 13 parents entered guilty pleas for their roles in the Operation Varsity Blues scandal, the 19 who did not admit guilt have been hit with a new charge or money laundering in addition to mail fraud.  Among those named are William McGlashan, Manuel and Elizabeth Henriquez, and Loughlin and husband Mossimo Giannulli.  “The charge of conspiracy to commit mail and wire fraud and honest services mail and wire fraud provides for a maximum sentence of 20 years in prison, three years of supervised release, and a fine of $250,000 or twice the gross gain or loss, whichever is greater,” said a release from the US Attorney’s Office for the District of Massachusetts.  “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. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and other statutory factors.”

Photo Credits: Lori Loughlin

 

Posted in Trending Now
Scott Fox
Scott Fox