Lori Loughlin and Mossimo Giannulli agreed to plead guilty to conspiracy charges in the college admissions case, the Department of Justice announced Thursday morning.

The couple will formally plead guilty on Friday morning in front of a judge.

Loughlin and Giannulli were accused of paying $500,000 to Singer and Key Worldwide Foundation in order for their daughters, Olivia Jade Giannulli and Isabella Rose Giannulli, to be admitted to the University of Southern California. The deal designated their daughters as recruits of the crew team, but neither had ever participated in the sport.

Loughlin and Giannulli will both admit to one count of conspiracy to commit wire and mail fraud and Giannulli will also admit to honest services wire and mail fraud.

The agreement is still pending a judge’s approval, but under its terms, Loughlin will serve two months in prison, pay a $150,000 fine and have two years of supervised release with community service. Giannulli will serve five months in prison, pay a $250,000 fine, and also have two years of supervised release but with 250 hours of community service.

Charges of conspiracy to commit mail and wire fraud and honest services mail and wire fraud sometimes warrant sentences of up to 20 years in prison.

United States Attorney Andrew E. Lelling stated, “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 proper sentences in this case. We will continue to pursue accountability for undermining the integrity of college admissions.”

Loughlin and Giannulli are the 23rd and 24th parents to plead guilty in this college admissions bribery scandal, which became know as the Varsity Blues scandal after the movie of the same name.

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