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Steve Madden Defends Lori Loughlin in College Admissions Bribery Scandal

Steve Madden has come out in defense of actress Lori Loughlin, who faces new charges in the college admissions bribery scandal that has already implicated dozens of well-heeled individuals.
In an interview with TMZ, the shoe designer spoke out in support of the “Full House” veteran and her husband, designer Mossimo Giannulli, calling the situation “misguided” yet “foolish.”
“I feel bad for everybody,” Madden said. “She tried to help her kid out. It was misguided.”
The U.S. Attorney’s Office in the District of Massachusetts said Tuesday that 16 parents — including Loughlin and Giannulli — were indicted on one count of conspiracy to commit mail and wire fraud as well as another count of conspiracy to commit money laundering. (The latter charge carries a maximum sentence of 20 years in prison, according to federal officials.)
William Singer, the college admissions counselor at the center of the scandal, has already pleaded guilty to racketeering and other crimes, with 33 parents accused of funneling bribes to college administrators and coaches to get their children admitted to certain colleges. On Monday, federal prosecutors said that a dozen of the parents, including actress Felicity Huffman, would plead guilty to a single count of conspiracy to commit mail fraud.
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Via:: https://footwearnews.com/2019/business/legal-news/steve-madden-lori-loughlin-college-admissions-bribery-scandal-1202769869/