Lori Loughlinand husband Mossimo Giannulli have listed their multi-million dollar mansion where they had been “laying low” amidst the college admissions scandal.
The couple, who could end up facingyears in prisonfor their alleged involvement in the scandal, have listed their mansion for almost $28.7 million TMZreportedThursday.
Sources reportedly told the outlet that the sale has “nothing” to do with the scandal, but that the couple is “following Mossimo’s passion for architecture.”
Loughlin and Giannulli used the property as collateral for their $2 million bail for the fraud charges, PEOPLE reported in March of last year.
U.S. District Judge Alexander MacKinnon reportedly told Giannulli in court at the time that the government could foreclose on the residence if the terms of his release were violated, theNew YorkDaily Newsreported.
The 12,000 square-foot mansion includes six bedrooms and nine bathrooms, a large swimming pool, outdoor courtyard, two living rooms, formal dining room and an eat-in chef’s kitchen.
Lori.MEGA. Inset: Getty Images
Loughlin and Giannulli tried to sell the home for $35 million in 2017,Varietyreportedat the time, after purchasing it in 2015 for $13.995 million.
Loughlin and Giannulli are accused of paying $500,000 to admissions consultant Rick Singer (and his nonprofit organization, Key Worldwide Foundation) to falsely designate daughtersOlivia Jade Giannulli, 20, andIsabella Rose Giannulli, 21, as recruits to the University of Southern California crew team, even though neither of them ever participated in the sport.
Lori Loughlin’s house.The Agency
The Agency
It is also alleged that the family even took photos of Olivia and Isabella on rowing equipment to perpetuate the ruse.
In October 2019, the parents werecharged withone count each of conspiracy to commit federal programs bribery in addition to charges of money laundering conspiracy, conspiracy to commit mail and wire fraud and honest services mail and wire fraud.
Mossimo Giannulli and Lori Loughlin.Donato Sardella/Getty Images for LACMA
Both have pleadednot guiltyon the counts against them.
A source close to the actress told PEOPLE last month that theFull Housestar did not realize she was doing anything illegal.
“She did not have any intent to do something illegal, and in fact, she thought she was doing the right thing,” the source said. “That’s why she hasn’t pleaded guilty; frankly, she believes that she is innocent and that the evidence shown in court will prove that. Unfortunately, it seems as though the prosecution is hell-bent on making examples out of people, and not playing fair.”
source: people.com
