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Lori Loughlin Released on $1M Bond Secured Against Her Home in College Admissions Scam

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The ‘Full House’ star has to put her home up as collateral to cover her $1 million bail after she surrendered to the FBI for her alleged involvement in the bribery scheme.

AceShowbiz
Lori Loughlin surrendered to the FBI on Wednesday, March 13 in connection to the widespread college admissions bribery scandal. The actress appeared in federal court in downtown Los Angeles in the afternoon for a hearing.

Wearing a white turtleneck and glasses, the 54-year-old star was asked if she understood her rights and the charge she’s facing. By the end of her roughly five-minute court appearance, her voice had weakened and she gave a quiet, shaky “yes” to Judge Steve Kim’s question if she understood that she’s not to talk to other defendants in the case, besides her family.

Lori’s bond was set at $1,000,000, the same amount as her husband Mossimo Giannulli, who was arrested on Tuesday for the same charge of mail fraud. She was released after posting the bond, which is secured against the couple’s home, as well as their other assets.

Lori will be allowed to retain her passport for travel to Vancouver for work. Judge Steve Kim was originally reluctant to let her travel, saying, “I’m not comfortable giving her a passport for that kind of travel.” He eventually relented under the conditions that she be allowed to travel as long as the court is aware of her destination and length of stay.

Lori’s next court appearance will be in Boston Federal court on March 29.

Lori was supposed to be arrested on Tuesday, along with Felicity Huffman and over 40 other individuals in connection to the college admission cheating scandal. The “Fuller House” star, however, was not home when the FBI showed up at her home.

Lori is accused of paying “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 the FBI affidavit.

She and her husband Mossimo have two daughters, Isabella Rose, 20, and YouTube star Olivia Jade, 19. According to TMZ, following her parents’ arrest, the couple’s daughter Olivia who was on a vacation with her friends in the Bahamas has cut short her trip. Olivia reportedly left the yacht of the Chairman of USC’s Board of Trustees which she was aboard on Tuesday night.