While fellow college admissions scammer Felicity Huffman entered a plea deal on Monday and admitted guilt for paying $15,000 to have her daughter's SAT score boosted, Full House alum Lori Loughlin isn't seeing the light like Felicity, according to reports.

The actress and her fashion designer husband Mossimo Giannulli, rejected a plea deal that would have seen them get 18-24 months in jail. "They weren’t ready to accept that,” a source tells People mag. “They’re really not seeing how serious this is.

Then on Tuesday, things got worse for the couple when they were hit with money laundering charges which carry the penalty of up to 20 years in prison! The initial fraud charges also carry a punishment of up to 20 years for each charge, so these two are facing SERIOUS jail time.

"They decided to roll the dice,” the People source says, “and it may have been a bad gamble. Now they’re in worse shape than before."