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Lori Loughlin and Mossimo Giannulli sell Bel Air Mansion at a loss

Lori Loughlin and Mossimo Giannulli has sold its mansion in the Bel Air neighborhood of Los Angeles just one month before his death in the college application case, Us weekly can confirm.

Lori Loughlin et al.  posing for the camera: Mossimo Giannulli and Lori Loughlin

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Mossimo Giannulli and Lori Loughlin

celebrity Real Estate

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As first reported by Amount on Saturday, July 11, Tinder founder Justin Mateen bought the property for about $ 18 million – a steep discount from the house’s latest asking price of $ 28.7 million. According to the outlet, Full house alum, 55, and Giannulli, 57, bought the house in June 2015 for $ 14 million and spent additional renovation costs.

The 12,000 square foot property has six bedrooms, nine bathrooms, a dining kitchen, two living rooms, an outdoor courtyard and a pool.

Loughlin and Giannulli ended further ties with the Bel Air neighborhood when they reportedly resigned from the Bel-Air Country Club in June after the board voted to cancel the couple’s membership.

Lori Loughlin and Mossimo Giannulli’s family album with Bella, Olivia Jade

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The changes come as the couple waits to be sentenced on August 21 after their guilty pleas in the college’s admitting case. Loughlin and the fashion designer were arrested in March 2019 after being accused of paying $ 500,000 in bribes to ensure their daughters Bella, 21 also Olivia Jade, 20, would be admitted to the University of Southern California as a crew recruiter. The Buzzer Alun and her husband initially pleaded not guilty to fraud, money laundering and bribery. However, they officially pleaded guilty in May via videoconferencing.

Loughlin is expected to serve two months in jail, pay a $ 150,000 fine, serve two years of supervised release and complete 100 hours of community service. Giannulli’s plea agreement meanwhile includes five months in prison, a $ 250,000 fine and 250 hours of community service.

A source told us U.S in May that the couple hopes to imprison their prison sentences.

College Admissions Scam: Everything We Know

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“Lori and Moss don’t want to serve their prison sentences at the same time,” the insider said at the time. “For the reasons, even though their daughters are adults, Lori wants a parent to be free to provide emotional support to the girls. Lori’s concern has always been Isabella and Olivia Jade. “

A second insider added that the stars’ daughters are “proud” of their parents for making the case.

“It will be surreal for Isabella and Olivia to visit them behind bars, but this is a much better result than they imagined,” the source explained. “As embarrassing and horrible as it has been, Olivia and Isabella still love her mother deeply, and it hurts them to see her suffer.”

Video: Ex-LA City Councilman Mitch Englander pleads guilty to corruption charges (CBS Los Angeles)

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