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Lori Loughlin and her husband are now facing fines of over $1 million after the payments they made were categorized as charitable donations. They could also be 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.
According to the Federal Bureau of Investigations, nearly 50 people have been charged in a massive college entrance exam cheating and bribery plot including a number of high-profile CEOs, and Hollywood actresses Lori Loughlin and Felicity Huffman.
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.’’
It was also suggested by the wording of the deals that Loughlin and her husband might not be facing a second charge if they entered a guilty plea on Monday.
Early in the agreement, it is stated: ‘’The U.S. Attorney agrees that, based upon the information known to the U.S. Attorney’s Office at this time, no further criminal charges will be brought against the defendant in connection with the conduct set forth in the Information.’’
Loughlin and Giannulli ‘agreed to pay bribes totaling $500,000 in exchange for having their two daughters designated as recruits to the USC crew team – despite the fact that they did not participate in the crew – thereby facilitating their admission to USC,’ according to the documents.
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