As part of the plea agreement, Loughlin will be sentenced to two months in prison and Giannulli will be sentenced to five months in prison, subject to the court’s approval, according to authorities.
In addition, Loughlin faces a $150,000 fine, two years of supervised release and 100 hours of community service, and Giannulli faces a $250,000 fine, two years of supervised release and 250 hours of community service.
They are scheduled to plead guilty on Friday at 11:30 a.m., prosecutors said. Loughlin’s publicist said she had no comment.
Loughlin will plead guilty to conspiracy to commit wire and mail fraud, and Giannulli will plead guilty to conspiracy to commit wire and mail fraud and honest services wire and mail fraud. The actress, best known for her role as Aunt Becky on the sitcom “Full House,” and her husband had previously been charged with three counts of conspiracy.
“Under the plea agreements filed today, these defendants will serve prison terms reflecting their respective roles in a conspiracy to corrupt the college admissions process and which are consistent with prior sentences in this case,” said US Attorney Andrew E. Lelling. “We will continue to pursue accountability for undermining the integrity of college admissions.”
As part of the scheme, Giannulli emailed Singer pictures of his daughters posing on indoor rowing machines, which were then used to create the athletic profiles, the criminal complaint states.
“Good news my daughter … is in (U)SC… bad is I had to work the system,” Giannulli allegedly wrote in an email to his accountant.
If Loughlin and Giannulli had gone to trial and been convicted, they could have faced up to 20 years in prison for the conspiracy charge.
“The stakes at trial were really high for these two,” CNN legal analyst Elie Honig said. “Had they gone to trial and lost, they were looking at several years each. So they really cut their losses here by cutting these pleas.”
CNN’s Melanie Schuman, Elizabeth Joseph and Chloe Melas contributed to this report.