MA Magistrate Minds Millionaire Mischief
|UPPER CASE||characters are principals in the public domain, icons overexposed in continuing SocialCurrentSee® and linked to billions, including monetary interests ▶ Another CASE in HALLMARKS|
|lower case||characters have common names and lives to match, but titles under pseudonyms designed to protect revelation ▶ Another CASE in HALLMARKS|
Despite all of the press, public outrage, and constant comments in the socialcurrentsee® of the high-profile scholarship scandal, the legal arguments will primarily deal with tax matters. Allegedly, a fraudulent charity was at the center of the scheme.
The dispute may end up in the United States Tax Court, a tribunal of record established by Congress under Article I of the U.S. Constitution. When the Commissioner of Internal Revenue determines a tax deficiency, the taxpayer may dispute the deficiency in the Tax Court before paying any disputed amount.
Actress Lori Loughlin and her husband, fashion designer Mossimo Giannulli, stand accused of paying half a million dollars to get their daughters into USC. The couple reportedly paid a bribe to the school’s crew coach to falsely admit their daughters as rowing prodigies, though neither really participated in the sport. Loughlin and Giannulli are due to appear in Boston court April 3 to be arraigned.
According to the Boston Globe, many of the #varsityblues defendants have hired A-list legal teams to represent them in federal court in Boston, where they’re among assorted wealthy parents caught in the nationwide college admissions scandal. Legal findings show Felicity Huffman, 56, and Loughlin, 54, are each charged for allegedly paying bribes to advance the likelihood of their children getting into selective schools. Loughlin allegedly had her daughters falsely accepted as athletic recruits at USC, and Huffman allegedly paid to aid in the cheating of her daughter’s SAT.
Eventually, it could well be that the California defendants in this case will appeal their eventual convictions at a Federal courthouse closer to home, perhaps the well-known Pasadena location.
As of late March 2019, the identity of the defendant that made the $6 million alleged bribe has not been revealed and that was also the alleged discovery which led to more than 50 other indictments, including the Hollywood notables cited above.
According to prolific YouTube source Niki Swift, Full House and Fuller House star Lori Loughlin and her husband, designer Mossimo Giannulli made headlines when they were charged in the largest college admissions scam ever prosecuted by the U.S. Department of Justice, which is known as Operation Varsity Blues. The celebrity couple was accused of shelling out half a million to help their daughters make the cut. Let’s take a closer look at their real net worth — and how much they stand to lose.
Many who follow this story will know that the starlet Lori Loughlin wasn’t even supposed to be a regular on Full House, where she starred alongside the Olsen twins as Uncle Jesse’s lady love. She was originally contracted to only six episodes, but Aunt Becky soon became a fan favorite and producers loved the way she interacted with the Tanner girls. Producers ended up giving her a supporting role, where she became a mainstay and finished out the series in 1995.
For trivia nuts, Loughlin’s first big break was a Tab Cola commercial, and by the time she landed her role in Full House, she was already working in TV. The series helped make her a household name, and she’s since landed some big roles, from the 90210 reboot, to some G-rated basic cable cult hits. All this hard work helped her amass a pretty impressive $20 million, according to Celebrity Net Worth.
Now documented: Lori Loughlin wiped clean her social media presence on the same day news of the college admissions scandal broke, and her Twitter and Instagram pages no longer exist. The FBI has also accused the Netflix star’s husband, Mossimo, for teaming up with his wife to allegedly agree “to pay 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 court documents that HollywoodLife read.
According to this source, Mossimo appeared in federal court on March 12 and his bond was set at $1 million, as he and Lori were specifically charged for “conspiracy to commit mail fraud and honest services mail fraud,” aa described by CNN. Daughters Olivia, 19, and Isabella, 20, have built impressive social media empires, as Olivia has nearly two million YouTube subscribers, while her older sister boasts over 260,000 followers on Instagram. Olivia turned the comments off on her social media pages once the scandal broke.
“On March 12, the FBI disclosed from its investigation that 50 celebrities, executives, lawyers and professors had paid millions of dollars to change their children’s standardized test scores, bribe university officials and coaches and create fake athletic profiles to earn their children admission to USC, UCLA, Yale and Stanford, among other colleges. ▶ SOURCE
“According to court records, 24 students were allegedly admitted to USC under the guise of athletic recruitment between 2011 and 2019, the most of any university implicated in the investigation.”
Considering that the Loughlin acting career and legacy may be ending soon, one may choose to collect some keepsakes from her former life, like those linked above.