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Now Lori Loughlin Hit With Money Laundering Charge

Along with 15 other parents, including her husband
By Kate Seamons,  Newser Staff
Posted Apr 9, 2019 1:28 PM CDT
In this April 3, 2019 file photo, actress Lori Loughlin, front, and husband, clothing designer Mossimo Giannulli, left, depart federal court in Boston after facing charges in a nationwide college admissions...   (AP Photo/Steven Senne, File)

(Newser) – Felicity Huffman was among the 13 prominent parents who agreed to plead guilty Monday in the college admissions cheating scandal; Lori Loughlin and her husband were not in that group, and their situation just got more intense. The AP reports that instead of just facing a single charge of conspiracy to commit mail and wire fraud, Loughlin and designer husband Mossimo Giannulli were indicted Tuesday along with 14 other parents on the additional charge of money laundering conspiracy.

Variety reports the money laundering charge is tied to the alleged payments of $200,000 per daughter Loughlin and her husband made to Rick Singer's fake charity Key Worldwide Foundation; they allegedly paid another $100,000 to a USC athletic director, for a total of $500,000. TMZ reports the money laundering charge can carry a sentence of up to 20 years. The AP reports Michelle Janavs, whose family came up with Hot Pockets, and William McGlashan, who partnered with U2's Bono to found an investment fund in 2017, were among those indicted for money laundering Tuesday. (Read more Lori Loughlin stories.)

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