DISGRACE: Ex-Michigan Supreme Court justice Diane Hathaway pleaded guilty to bank fraud Tuesday in Ann Arbor federal court. She faces up to 1 1/2 years in prison under the terms of a deal with prosecutors.
Prosecutors say Diane Hathaway and her husband transferred a debt-free Florida home to a relative so that they’d qualify to short sell a Grosse Pointe Park home that carried a big mortgage. After they unloaded the Michigan property in a 2011 short sale, the Florida property was transferred back to them. Source
This pales in comparison to the mess syndicated radio show host and Debt Stoppers partner Warren Ballentine finds himself in, but it’s disgraceful that someone charged with upholding the law could engage in such behavior.