Lori Loughlin and Mossimo Giannulli Ask Judge to Reduce $1 Million Bonds in College Admissions Case

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Mo’ money really does lead to mo’ problems… or something!

With their sentencing just over a month away, Lori Loughlin and Mossimo Giannulli asked a judge to reduce bonds of $1 million secured by their property as of Monday, July 13. The couple, who were implicated in the college admissions scandal of 2019, have already faced trial and are set to face sentencing in August.

Downsizing? Lori Loughlin and Mossimo Giannulli have sold their house amid the college admissions scandal. According to Entertainment Tonight, the Full House alum and fashion designer’s Bel-Air home is in escrow two months after the couple pled guilty for their part in the nationwide college admissions scandal.

The Mercury News, prosecutors have agreed to the new sum, with Loughlin and Giannulli’s lawyers writing, “There is no indication that defendants will flee rather than face sentencing,” in a memo.They’re also seeking the removal of the requirement that their bonds be secured by a lien on their home, which is currently on the market.

Lori Loughlin and Mossimo Giannulli are asking a federal judge to reduce their bond in the college admissions scandal case from $1 million to $100,000, arguing that they are not flight risks. The Hollywood couple has already pleaded guilty to paying money to get their two daughters enrolled at the University of Southern California as members of the crew team despite neither girl actually participating in the sport.They’re due in court in Boston, Mass.

Here’s a bit of good news for Lori Loughlin and Mossimo Giannulli but unfortunately, it comes with a costly caveat.

Lori Loughlin and Mossimo Giannulli are moving on from their posh Bel-Air mansion and the property is now in escrow, according to new reports. The couple – who are both awaiting sentencing for their roles in the infamous college admissions scandal after pleading guilty in May -- is said to have entertained a number of offers for the palatial Spanish-style estate, settling on a number that still nets them a profit on the property, a source told "Entertainment Tonight" on Monday.

Lori Loughlin and Mossimo Giannulli are getting ready to move. ET has learned that the couple's Bel-Air home is in escrow and has passed contingencies.While Loughlin and Giannulli are not getting the original asking price of $28.65 million, they are still making a profit from the sale and are happy with the deal, a source tells ET. The couple entertained multiple offers on the gorgeous, Spanish-style home, according to the source.Arvin Haddad of The Agency and CNBC's  represented the seller.

Lori Loughlin and Mossimo Giannulli are getting ready to move. ET has learned that the couple's Bel-Air home is in escrow and has passed contingencies.While Loughlin and Giannulli are not getting the original asking price of $28.65 million, they are still making a profit from the sale and are happy with the deal, a source tells ET. The couple entertained multiple offers on the gorgeous, Spanish-style home, according to the source.Arvin Haddad of The Agency and CNBC's  represented the seller.

Just ahead of their scheduled sentencing date for their role in the Varsity Blues college admissions scandal, Full House star Lori Loughlin and her husband, Mossimo Giannulli, have reportedly sold their multi-million dollar Bel-Air mansion. According to People magazine, Loughlin and Giannulli put the home on the market back in January and listed it for $28.65 million.

Lori Loughlin and Mossimo Giannulli have sold their mansion in the Bel Air neighborhood of Los Angeles just one month before their sentencing date in the college admissions case, Us Weekly can confirm.As first reported by Variety on Saturday, July 11, Tinder cofounder Justin Mateen purchased the property for approximately $18 million — a steep discount from the house’s most recent asking price of $28.7 million.

People that the house is now being sold for ‘considerably less’ than Lori and Mossimo had ‘hoped for’.‘They are still making money from the sale, just not as much as they hoped for,’ the source told the publication. ‘The house is spectacular with views of the Bel-Air Country Club.’Another added that Lori and Mossimo were most likely staying at their beach home in Orange County, California.

Lori Loughlin and husband Mossimo Giannulli have sold their multi-million dollar Bel-Air mansion, which they previously used as collateral to cover their $2 million bail for stemming from the Varsity Blues college admissions scandal.The longtime couple, who plead guilty to related charges in May, previously relisted the six-bedroom home for $28.65 million in January.While theexact sale price has not yet been confirmed,a real estate source told People thatthe property was sold for 'considerably less' than the pair had 'hoped.' Making money: Lori Loughlin and husband Mossimo Giannulli have sold their multi-million dollar Bel-Air mansion, which they previously used as collateral to cover their $2 million bail for fraud charges (seen in

James McClain As their looming sentencing date fast approaches, Lori Loughlin and Mossimo Giannulli are cutting ties to their current neighborhood in L.A.’s posh Bel Air area. In addition to resigning from the exclusive Bel-Air Country Club, the couple’s nearby mansion is also in escrow to be sold, sources say.