To say Lori Loughlin is in hot water would be an understatement.
The 54-year-old “Full House” star made headlines on Tuesday when she was indicted by the United States Justice Department on charges of admissions fraud.
Loughlin was among 50 people, including Felicity Huffman and husband William H. Macy, accused in “Operation Varsity Blues” of cheating college admissions system through bribery, falsified records and hiring people to pose as students to raise overall grade-point-average.
Court documents report Loughlin and her husband designer Mossimo Giannulli “agreed to pay bribes totalling $500,000 in exchange for having their two daughters designated as recruits to the USC crew team — despite the fact that they did not participate in crew — thereby facilitating their admission to USC.”
Loughlin’s children, 20-year-old Isabella Rose and 19-year-old Olivia Jade are just two of the high profile children affected by the scandal. Despite having a lucrative career in television, a majority of the family’s wealth is attributed Loughlin’s husband, who founded Mossimo, a clothing line that was sold at Target from 2000 until 2017.
In 2006, Giannulli sold his clothing line to Iconix Brand Group, amassing a personal fortune of $88 million from the sale, and remained a creative director for the brand.
Family fortune aside, Loughlin’s daughter Olivia Jade has earned her own living a social media influencer, and has even profited off of her USC admission.
With 1.3 million followers on Instagram, and nearly 2 million subscribers on YouTube, Olivia Jade makes a living off of sponsored posts and brand endorsement including a $36 CAD highlighter palette sold at Sephora.
The social media savvy teen celebrated her freshman year at USC by posting paid partnership with Amazon Prime for back-to-school supplies.
Olivia Jade’s comments on college life have resurfaced since news of the admissions fraud scandal broke. In 2018, the model shared a video to YouTube saying, “I don’t know how much of school I’m going to attend… But I do want the experience of like game days, partying…I don’t care about school, as you guys all know.”
Days later, after subscribers called her comments “insulting” Olivia Jade backtracked.
“I said something super ignorant and stupid, basically. And it totally came across that I’m ungrateful for college — I’m going to a really nice school,” she said. “And it just kind of made it seem like I don’t care, I just want to brush it off. I’m just gonna be successful at YouTube and not have to worry about school… I’m really disappointed in myself.”
YouTube will always be my #1 passion. I promise I’d way rather be filming 24/7 than sitting in 6 hours of classes straight but an education is also super important to me so thank u for ur patience and letting me figure out time management . Ily bbs
— Olivia Jade (@oliviajadee) February 6, 2019
Despite the retraction, Loughlin’s daughter has continued to express her disinterest in school. In an interview with the “Zach Sang Show” podcast, Olivia Jade says it was her parents who convinced her to go to college.
Authorities have stated explicitly that the children of the parents indicted have not been targets of the investigation. Loughlin’s eldest daughter, Isabella, is also a student at USC but has made all of her social media accounts private.