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Mossimo Giannulli, who, along with his wife Lori Loughlin, has been charged with fraud arising from the college admissions scam, took money from his parents' tuition fees for University of Southern California (USC) – but has never enrolled, according to his own daughter, Olivia Jade.
Giannulli, 55, has himself confessed during an interview that resurfaced in 2016.
"SC was expensive, so that's how I started my business. I used all that money, "he told The Hundreds, allegedly" without excuse. "
MOSSIMO GIANNULLI, LORI LOUGHLIN "CHEATER" LABEL IN A SCAM COLLEGE
Giannulli lived in a semi-detached house without being registered with the USC, where he screened T-shirts for campus groups, which he said sparked his ambition. "I had used to have hundreds of thousands of dollars in my most expensive drawer of my fraternity home. And I thought, "It's a little too easy. I need a bigger platform. If I had a bigger base, I could really kill her. ""
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The fashion designer reportedly attended USC for the Spring Semester 1984 at the College of Continuing Education, a non-degree program with no official admission program and open to all. Students enrolled in the program have the status of "visitor" to the school.
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Olivia Jade recounted Giannulli's quasi-academic experience in "The Zach Sang Show" on March 8, shortly before he and Loughlin, 54, were arrested and released with bonds of one million dollars. dollars.
"I do not know if I'm supposed to say that, sorry dad," said the 19-year-old YouTube star. [he] was like never enrolled in college, he falsified his way through it. Yes, so he started his business with tuition fees that his parents thought were going to the university. "
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In the same interview, Olivia Jade also claimed that she primarily intended to capitalize on the university for her own brand – but that did not work out as planned.
Giannulli and former Hallmark star Loughlin are accused of paying two bribes of $ 500,000 to William "Rick" Singer for their daughters Olivia Jade and Isabella to join the USC as crew recruits, although no girl is a rower. Each faces up to 40 years in prison after rejecting a plea bargain and is facing new charges of money laundering and conspiracy.
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On Monday, the couple pleaded not guilty.
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