College admissions scandal: Lori Loughlin faces additional money laundering charge - News Summed Up

College admissions scandal: Lori Loughlin faces additional money laundering charge


Actress Lori Loughlin, her designer husband, Mossimo Giannulli, and 14 other parents were charged Tuesday in a new indictment in the national college admissions scandal, prosecutors announced. Sixteen parents allegedly involved in the scheme, which became a symbol of the influence of money on high-stakes college admissions, were charged in a second, superseding indictment with conspiring to commit fraud and money laundering. STEVEN SENNE/AP Actress Lori Loughlin and her husband, clothing designer Mossimo Giannulli, depart federal court in Boston after facing charges in a nationwide college admissions bribery scandal. The charge of conspiracy to commit money laundering has a maximum sentence of 20 years in prison with three years of supervised release and a fine of $500,000 or twice the value of the property involved. Loughlin, 54, is most famous for portraying the character of Aunt Becky on the television show Full House.


Source: Stuff April 09, 2019 19:18 UTC



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