Actress Lori Loughlin and her fashion designer husband, Mossimo Giannulli, have agreed to plead guilty to charges in the college admissions bribery case and serve prison time, according to court papers filed Thursday.
The couple agreed to plead guilty to conspiracy to commit wire and mail fraud in a plea agreement filed in Boston’s federal court. The charge carries up to 20 years in prison and a fine of $250,000.
Prosecutors have agreed to dismiss charges of money laundering and federal programs bribery that were added after the case was filed.
Under the plea agreement, Loughlin has agreed to serve
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