Lori Loughlin & Mossimo Giannulli List Their $28 Million Estate Before Their College Admissions Scandal Trial
Lori Loughlin and Mossimo Giannulli listed the Bel-Air mansion for $28 million before they are set to go to trial in the college admissions scandal. Federal prosecutors are seeking an October trial.
Lori and Mossimo listed their 12,000 square feet estate with six bedrooms and nine baths, according to reports. Their real estate agent is only showing to private buyers interested in purchasing the mansion.
The couple bought the home for $14 million in 2015. They reportedly listed the home for $35 million but took it off the market in July 2018.
The timing of the actress and designer’s listing comes months before they are expected to go to trial for the college admissions scandal. Mossimo reportedly has a passion for architecture and they sell their home every few years.
In March 2019, Lori and Mossimo were charged for allegedly agreeing 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 crew, thereby facilitating their admission to USC,” according to legal documents.
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The couple pleaded not guilty to all of the charges.
Despite their plea, Lori reportedly hired a prison expert in the event that she faces jail time. “She has someone who is advising her what to do in case she loses her case and goes to prison,” a source close to the Fuller House alum told People on January 3. “The advisor is there to help her learn the ropes, that’s not to be construed that she thinks she’s going to lose her case. Lori is a planner, and she is doing what she needs to do for all contingencies.”
“The whole point is to have someone tell her how to keep herself safe. She needs to keep a low profile if she’s incarcerated,” the insider explained.
The source added, “Obviously, she’s going to stand out, because of all the publicity and because she’s a star. She can’t do anything about that.” They also noted that Lori is “preparing for the worse but hoping for the best.”
What do you think about Lori and Mossimo putting their home up for sale? Let us know in the comments below!