Lori Loughlin and her husband Mossimo Giannulli were indicted by a Federal Grand Jury in the college admission cheating case yesterday with a new charge, money laundering, that has a 20-year maximum jail sentence attached to it alone. The couple had the chance to take a plea deal before that happened-one that would have reportedly had a minimum two to two and a half year jail sentence in it, with no bonus money laundering charge attached. Why didn’t they take it? Peoplegot some insight from a source familiar with their legal discussions, and it largely seemed because Loughlin and Giannulli wanted to avoid jail time for what they did.
Loughlin and Giannulli allegedly paid $500,000 to make it seem like their two daughters Olivia Jade and Isabella were rowing team recruits to guarantee the girls’ admission to USC.
People’s source explained that “they weren’t ready to accept that [a plea with jail time attached]. They’re really not seeing how serious this is.”
“They were offered the carrot and the stick,” the source continued. “The carrot was that this can all go away and you can serve your time and put it behind you. Remember, they were facing 20 years, even before the latest charges. The stick was that [the prosecution] would and could pile on more serious charges.”
The couple is figuring out what they will do now, the source said. “They decided to roll the dice, and it may have been a bad gamble. Now they’re in worse shape than before.”
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