Lori Loughlin and her husband, Mossimo Giannulli, are selling their home in Beverly Hills in the wake of the college admissions scandal, according to Fox Business.
- Why it matters: The couple is selling their house in the wake of the college admissions scandal. Loughlin and Giannulli are accused of paying $500,000 in bribes so their daughters, Olivia Jade and Isabella Rose Giannulli, would be crew recruits for the University of Southern California. The couple pleaded not guilty.
Price: The couple is asking for $28.7 million.
Details: Here are some details about the home.
- 12,000 square feet
- 9 bedrooms
- 6 bathrooms
Context: According to TMZ, the couple bought the property in 2016. They tried to sell it for $35 million. But no one bought it.
- Per TMZ, the sale is reportedly not related to the ongoing scandal.
View Comments
What’s next: Recent reports suggest Loughlin and Giannulli will head to trial for the college admissions scandal in October. Federal officials filed paperwork last week that suggested they would be put on trial in the fall with other parents charged in the case, according to the Deseret News.
- Assistant U.S. Attorney Eric Rose wrote: “The government believes that these groupings, which contemplate that spouses who have been charged together are tried together, will facilitate the efficient presentation of evidence based on the specific conduct in which each of the defendants engaged and the nature of the witnesses and evidence against them.”
- Rosen: “The government believes that it is likely that additional defendants will enter into agreements to resolve the charges prior to trial. For that reason, the government believes it may be possible to try those defendants who wish to exercise their right to a trial in no more than two trials.”