Former Michigan Supreme Court Justice, Diane Hathaway pleaded guilty to bank fraud, in a scandal that ended her career on the State's highest court.
Hathaway faces 1 1/2 years in prison, under a deal with prosecutors.
She resigned last week.
Prosecutors say, Hathaway and her husband transferred a debt-free Florida home to a relative, so that they would qualify to "short-sell" a Gross Point Park home that carried a big mortgage.
In short sales, banks let distressed owners sell property for less than what is owed on it.