Lori Loughlin and Husband Enter Guilty Pleas — But Judge Says He Can't Accept Them Yet

More than a year after rejecting a plea deal from federal prosecutors, actress Lori Loughlin and her fashion designer husband, Mossimo Giannulli, appeared before a federal judge via video conference Friday to plead guilty to charges stemming from the college admissions cheating scandal.

However, the judge said he couldn't accept the pleas until he sees their pre-sentencing reports from the Massachusetts Probation Service.

Loughlin, 55, pleaded guilty to one count of conspiracy to commit wire and mail fraud while Giannulli, 56, pleaded guilty to one count of conspiracy to commit wire and mail fraud and honest services wire and mail fraud.

The couple were the 23rd and 24th parents to admit guilt in the college admissions scandal. During Friday's hearing, Loughlin rocked side-to-side, occasionally speaking with her lawyer and looking out the window.

One of the first was actress Felicity Huffman, 57.

Under the terms of the plea agreements, Loughlin will serve two months behind bars and Giannulli agreed to serve five months. The judge scheduled the sentencing hearing for the couple for Aug. 21.

In addition, Loughlin was ordered to pay a $150,000 fine and was placed on two years of supervised release with 100 hours of community service.

Prosecutors said Key Worldwide Foundation was actually a front for accepting bribes; Singer admitted his role as the ringleader of the scam and pleaded guilty to multiple charges.

Both daughters are supportive of their parents' decision, after initially fearing they would end up serving years in prison, a source tells PEOPLE.

News of Loughlin and Giannulli's plea deals broke Thursday morning. Ever since their arrests back in early March 2019, the couple had maintained their innocence.

They were among 50 people charged by the U.S. Attorney's Office in Massachusetts, which investigated the college admissions scandal and handled the prosecutions

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