Loughlin and Giannulli said in court documents filed Monday they are waiving their right to appear in court for an arraignment and plead not guilty.
The charges include conspiracy to commit mail fraud and honest services mail fraud, while the scam reportedly involved money sent to a California businessman who promised to get applicants into the colleges of their choice.
The accusations have hampered the careers of Loughlin and her daughterOlivia Jade, a social media influencer.
Reps for Loughlin and Giannulli have not returned PEOPLE's calls for comment. Some paid to obtain fraudulent scores on the ACT or SAT tests, prosecutors allege, while others paid to have their children designated as recruited athletes even though they lacked credentials to compete at the intercollegiate level. Prosecutors allege that the charity was set up to launder bribe payments, and some were accused of writing off the payments as charitable deductions on taxes.
As it was previously reported, the Hallmark Channel severed their working relationship with the legendary actress following her arrest back in March for her involvement in the USC scandal.
Actress Felicity Huffman arrives holding hands with her brother Moore Huffman Jr.
The UTA-repped Loughlin and Giannulli were part of a yearlong investigation that also snared American Crime star Huffman and more than 30 other parents.
Additionally, Huffman, and her husband, actor William H. Macy, have been accused of making a "charitable contribution" of $15,000 to participate in a cheating scheme on behalf of their eldest daughter, paying for her to be given twice the amount of time to take the SATs compared to other students. A superseding indictment filed earlier this month charged them both with money laundering conspiracy to commit fraud.
"I am in full acceptance of my guilt, and with deep regret and shame over what I have done, I accept full responsibility for my actions and will accept the consequences that stem from those actions", Huffman said in a statement.
'My daughter knew absolutely nothing about my actions, and in my misguided and profoundly wrong way, I have betrayed her, ' Huffman said. A judge ordered Giannulli released on US$1 million bail, while Huffman was let go on a US$250,000 bond.
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