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Lori Loughlin, Mossimo Giannulli selling LA mansion $10M under asking price while awaiting sentencing: reports – Fox News

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.

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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.
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Sentencing for the pair is slated for August 21.
Fox News Tyler McCarthy and Fox Business’ Stephanie Pagones contributed to this report.

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Wrestling legend Road Warrior Animal passes away aged 60 – Wide World of Sports

Wrestling greats pay tribute to hall of famer

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Legendary WWE superstar Joe Laurinaitis, known among wrestling fans as the Road Warrior Animal, has passed away at the age of 60.
Laurinaitis forged a famous career alongside his tag team partner Hawk, where the duo dubbed themselves ‘The Road Warriors’.
Hawk, whose real name was Michael Hegstrand, passed away due to a heart attack back in 2003 at the age of 46.
Between 1984-1990, the duo competed on the American Wrestling Association (AWA), the National Wrestling Alliance (NWA), and World C…

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The High Note movie: Tracee Ellis Ross on finally finding her voice – NEWS.com.au

The High Note movie: Tracee Ellis Ross on finally finding her voice

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There were many things that drew Tracee Ellis Ross to her character in The High Note, but chief among them is the opportunity to sing.You’d think the daughter of the legendary Diana Ross would have been belting her vocal chords in public long ago, but it took 47 years to happen.
“I love that this is a movie that allowed me to sing and to face one of my biggest fears and biggest dreams,” Ross told news.com.au. “I knew that if I could get it, they would let me sing.
“The funny part is, that they…

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Ex-Seven star seeks ‘at least $500k’ from network, court told – Sydney Morning Herald

Presenter Simon Reeve has accused his former employer of contravening the Fair Work Act by not paying him annual leave or redundancy pay.

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Reeve also claims Seven breached the Fair Work Act by misrepresenting his employment as being an independent contracting arrangement, when it is clear he was treated as an employee including receiving an email from chief operations officer Bruce McWilliam on July 3 describing him as “part of the DNA of this place”.
In an email on the same day, Reeve says, Seven chairman Kerry Stokes referred to the redundancy and wrote “I’m so sorry”.
The statement of claim details how Reeve was initially empl…

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