On Tuesday, there was a massive fraud scandal at the college, in which 50 people were charged. Among the CEOs, Hollywood actors, coaches and standardized test administrators who are allegedly involved is Full House star Lori Loughlin. The actress is currently in police custody and will appear in court on Wednesday afternoon.
What exactly is Lori Loughlin accused of?
In particular, Loughlin was allegedly one of the persons accused of conspiracy to commit post office and honest services fraud. According to Fox, court documents stated that "Loughlin and her husband, fashion designer Mossimo Giannulli, agreed to pay $ 500,000 in bribes to their two daughters (Olivia Jade, 20, and Isabella Rose, 1
Who is William Rick Singer?
Singer is the CEO of The Key, a company that "helps" high-net-worth students achieve better ratings in college entrance exams like the SAT. According to The Keys website, it's the clientele that is based on recommendations and "organically" reaches the most respected families in the world and offers THE KEY a prestigious foundation for expanding its offering globally.
Singer wrote two books in 2014 to help people gain country acceptance of their dream college.
Previously, he held senior positions at The Money Store / First Union Bank and West Union Bank.
What does Loughlin allegedly have in the Called Off Hook?
During his investigation, "Operation Varsity" was called Blues, "the FBI allegedly used interception to prove the involvement of wealthy parents. Below is the reported call between Loughlin and CW-1 or Cooperating Witness # 1, as received from Vice. We can not confirm that CW-1 is a singer, although he's been working with the FBI since 2018.
Here's an excerpt from the conversation between Lori and CW-1:
CW-1: If you ever, ever say anything.
Loughlin: So, we just, so we just have to say that we've donated to your foundation and that's, end of story.
CW-1: That's right.
CW-1: 19659017] Terrific
CW-1: I just wanted to make sure I touched the base because I did not do this I want you –
CW-1: – to a sudden, what – what do you call that call
Loughlin: Okay, yes. OK. Total. Well. So – that's it. That's the way it is – it's the IRS. It's nobody from USC, it's the IRS.
CW-1: That's right.
Loughlin: Okay. Very well.
Will Lori Loughlin go to jail?
As the legal expert James Leonard Jr. told the people "the federal prosecutor's office initiated by the Ministry of Justice may have potential life-changing consequences for those involved, and the stakes could not be higher."
But at the end of the day he says Loughlin will spend some time behind bars ( Rolling Stone thinks she could stand five years before that), but it is not very likely.
"Imprisonment is always a possibility when you are charged with crimes. The question is whether it is a probability, and in that case I do not see it as a probability in relation to the parents involved. "