Fox News Flash top entertainment and celebrity headlines are here. Check out what’s clicking today in entertainment.

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.

Loughlin, 55, and Giannulli, 57, listed their Bel Air home in January for $28.65 million, the outlet reported, but sold the sprawling mansion for an estimated $18 million to Tinder co-founder Justin Mateen, according to Variety, which cited sources in identifying the estimated sale price.

LORI LOUGHLIN ‘WOULD LOVE TO RETURN TO TV’ AND ‘TELL HER SIDE OF THE STORY’ AFTER ADMISSIONS SCANDAL: SOURCE

Lori Loughlin and Mossimo Giannulli’s Bel-Air home (Google Street View)

In January when Loughlin and Giannilli first listed their home on the market, an insider told “Entertainment Tonight” at the time that folks were “shocked” at their decision and noted that even though they’ve “wanted to sell their home for a long time,” it simply “hasn’t been a priority.”

Variety reported the couple paid $14 million for the home.

LORI LOUGHLIN, MOSSIMO GIANNULLI PUSHED OUT OF BEL-AIR COUNTRY CLUB

The insider also relayed to “Entertainment Tonight” that the actress and fashion designer “have been through so much in the last year” and putting the home up for sale was “one step they are taking in an attempt to get back to their normal lives.”

The couple also recently parted ways with the Bel-Air Country Club, TMZ reported last month. The club’s board voted unanimously to suspend their memberships in the wake of the guilty plea, but to allow them to return after serving their prison terms.

The duo has been accused of arranging a total collective payment of $500,000 to William “Rick” Singer to get their daughters, Olivia Jade and Isabella, recruited to the University of Southern California (USC) as athletes on the crew team, despite never having participated in the sport.

LORI LOUGHLIN, MOSSIMO GIANNULLI RESIGN FROM EXCLUSIVE COUNTRY CLUB AFTER MEMBER BACKLASH: REPORT

The bribery charges carry a maximum sentence of up to five years in prison and a fine of up to $250,000. The couple was also hit with charges of money laundering and conspiracy that carried a potential sentence of 40 years.

FILE – In this April 3, 2019, file photo, actress Lori Loughlin, front, and her husband, clothing designer Mossimo Giannulli, left, depart federal court in Boston after a hearing in a nationwide college admissions bribery scandal.
((AP Photo/Steven Senne, File))

LORI LOUGHLIN ‘SCARED’ SHE’LL CATCH CORONAVIRUS WHILE SERVING PRISON TIME, REPORT SAYS

Per the terms of their agreement, Loughlin would serve two months and pay a $150,000 fine along with two years of supervised release and 100 hours of community service. Giannulli, meanwhile, would serve five months in prison, pay a $250,000 fine with two years of supervised release and 250 hours of community service.

Among the parents who have already pleaded guilty in the case is former “Desperate Housewives” star Felicity Huffman. She served almost two weeks in prison after she admitted to paying $15,000 to have someone correct her daughter’s entrance exam answers.

Sentencing for the pair is slated for August 21.

Fox News’ Tyler McCarthy and Fox Business’ Stephanie Pagones contributed to this report.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

British politicians are concerned a ‘virtual parliament’ cannot hold Boris Johnson’s government to account over coronavirus

London (CNN)The UK Parliament is expected on Thursday to approve plans that would see lawmakers hold the government to account via a video link, as the country’s legislative chamber returns from its Easter recess on Monday. Proposals for the so-called…

Russia prepares to carry out ‘domestic internet’ test designed to ensure the country remains online should America cut it off from the web 

Russia will carry out tests on Monday on the reliability of its domestic internet infrastructure in the event that the country is disconnected from the worldwide web by an American cyber-attack. The threat testing will take place in stages on…

Zlatan Ibrahimovic to return to struggling AC Milan

Officials at AC Milan said they were “delighted” to announce the return of Zlatan Ibrahimovic to the Italian club on Friday. The celebrated 38-year-old is set to start next week and stay on until the end of the season, with…

Virtual vigil planned for Canada’s worst shooting

A national virtual vigil will be held this week to honour nearly 20 victims of Canada’s deadliest shooting, which unfolded in Nova Scotia as the province was locked-down due to coronavirus. Virus restrictions continue and authorities said they would not…