Damn, Aunt Becky!
Federal prosecutors added a charge of money laundering to the list of accusations against Lori Loughlin, her fashion designer husband Mossimo Giannulli and 14 other parents on Tuesday in the college admissions bribery case. The move was a signal towards parents who instead of pleading guilty are fighting the allegations against them.
On Monday, Felicity Huffman pled guilty to her charges.
The parents were all arrested last month on a single charge of conspiracy to commit mail and wire fraud. An indictment handed down on Tuesday adds a charge of money laundering conspiracy against Loughlin, her husband and 14 other parents which include Michelle Janavs, whose family developed Hot Pockets and William McGlashan, who co-founded an investment fund with Bono of U2 in 2017.
The parents are accused of paying an admissions consultant, William Rick Singer, to cheat on their kid’s college entrance exams such as the SAT and get them admitted into college, some as athletic recruits at schools such as Georgetown, Yale, Texas and more.
Loughlin and her husband are accused of paying $500,000 in bribes to get their two daughters into the University of Southern California as crew team recruits. Neither daughter played the sport.
Prosecutors are seeking anywhere from four to ten months in prison for Huffman.