In 2020, Full House alum, Lori Loughlin spent two months in prison after pleading responsible to her involvement in the school admissions scandal. She admitted to paying $500,000 to get her two daughters — Dancing with the Stars' Olivia Jade Giannulli and Isabella Rose Giannulli — into the University of Southern California.
Her husband, fashion designer Mossimo Giannulli also spent 5 months in jail and till April 2021. At that point, a source mentioned that he was released "three weeks earlier than planned," and that it was once "Lori's Easter surprise."
By July that year, it used to be reported that that they had "gotten their mojo back as a couple" during a holiday in Mexico. "This vacation has done wonders for them, it's the boost they desperately needed to clear their heads and let their hair down as a couple," stated an insider.
But despite "a new lease on the marriage and a permanent smile on their faces," their fortune took a massive hit from the legal fees. Fans assume it is why they indexed their Bel-Air Mansion for $35 million. However, they sold it for a considerably decrease price to Tinder co-founder, Justin Mateen... Here's why.
What Happened To Lori Loughlin's Daughter Olivia Jade?
In December 2020, Olivia Jade went on Jada Pinkett-Smith's The Red Table Talk the place she confessed: "I'm not trying to victimize myself. I don't want pity — I don't deserve pity. We messed up. I just want a second chance to be like, 'I recognize I messed up.'" The YouTube big name also returned to her channel in 2021 once you have a "second chance" by becoming a member of Dancing with the Stars.
She'd also been related to Euphoria celebrity, Jacob Elordi round that time. Nowadays, Olivia hosts the iHeartRadio podcast, Conversations with Olivia Jade. Later that year, her mother made her first appearance in one of her vlogs. Fans labeled it "white privilege" as they acted as if nothing had took place.
In January 2022, Olivia said the backlash in an episode of her podcasts. She said she was once conscious of "rumors floating around about my grades," however that she's in point of fact a hard-working particular person despite the admissions scandal. "I don't even think I've ever said this publicly but in high school, I had straight A's," she famous. "I worked really hard at school."
Why Did Lori Loughlin Sell Her Bel-Air Mansion For A Lower Price?
According to Mansion Global, Loughlin and Giannulli's six-bedroom estate was once bought to Mateen for $18.75 million. It used to be significantly lower than their initial $35 million asking price. Although it is still $13.9 million more than what the couple had paid for it in 2017, it is general a loss as they still spent $15 million on new updates on the property.
Originally built in 1929 and founded through Columbia Pictures founder Harry Cohn, the Italian-style villa got an extra kitchen and circle of relatives room with modern, business touches. It's somewhat a pleasing, spacious home that overlooks the Bel-Air Country Club.
In 2020, when the house had just been indexed, anyone with regards to the couple told TMZ that they had been simply "doing what they always do," renovating and promoting one high-end house after some other. Real estate agent, Cara Ameer also defined to Realtor why the couple decided on that preliminary price.
"When they first listed the property for $35 million, they were under no pressure to sell and could take a wait-and-see approach if they got an offer worth considering," she said. "They likely had a lot of pride in the property—having substantially upgraded it. That was reflected in their aspirational asking price."
At that point, Ameer additionally said that "with an impending jail sentence, they may not have wanted to wait for an unknown period of time to find another buyer, and there was no guarantee that someone else would pay more."
Is Lori Loughlin Acting Again?
In 2022, Loughlin made her appearing comeback in Great American Family after CEO Bill Abbott mentioned that "She's America's sweetheart, regardless of whatever happened." Back then, he told Variety that they " talk three times a week" and that the network had "two scripts that she really likes, one of which we'll greenlight for this year or next year"
Of path, Abbott noted that "Lori's a good friend and somebody who we would love nothing more than to do a movie with, and we're hopeful." In February 2023, Deadline announced that Loughlin was set to reprise her Abigail Stanton role in When Hope Calls Christmas for any other Christmas movie later this yr.
"Lori is a genre-defining star that I have had the honor to call a close friend and collaborator for more than 15 years," Abbott said of the challenge. "We have a shared vision for creating meaningful and memorable movies that resonate with our passionate fans, and I look forward to welcoming her back to Great American Family to anchor our 2023 winter programming slate."
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