Lori Loughlin, of college admissions scandal fame, sells Bel Air home - Business Insider

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Lori Loughlin, of college admissions scandal fame, sells Bel Air home - Business Insider
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Inside the Bel Air mansion that Lori Loughlin just sold to a Tinder cofounder for $18.75 million

Lori Loughlin and her husband Mossimo Giannulli closed a deal to sell their Bel Air mansion on Wednesday.

They sold the property to Tinder cofounder Justin Mateen for $18.75 million. The property was initially listed for $28.7 million.The sale comes after Loughlin and Giannulli pleaded guilty for their roles in the college admissions scandal in May and resigned from the elite Bel-Air Country Club in June.The six-bedroom, nine-bathroom home sits on a golf course in the ritzy Bel Air neighborhood. The 9,000-square-foot home sold for $18.75 million.

Tinder cofounder Justin Mateen, the buyer, snagged the home a significant price cut — the property was initially listed for $28.7 million. The sale of the home comes after a difficult summer for the couple. In May, they agreed to plead guilty to conspiring to get their daughters into college, and in June they resigned from the elite Bel-Air Country Club. Keep reading for a look inside the home.L. Cohen / Contributor / Getty ImagesLori Loughlin just sold her Bel Air mansion for a significant price cut.Mateen snagged the home for a significant deduction — the mansion's original asking price was $28.7 million.

 

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