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Former Michigan Supreme Court Justice Diane Hathaway Begins to Serve Sentence for Short Sale Fraud

The bigger they are . . .

Former Michigan Supreme Court Justice Diane Hathaway, who pleaded guilty in January 2013 to one count of felony bank fraud, has begun serving her one-year, one-day sentence for committing short sale fraud.

According to Wikipedia, Justice Hathaway “was the first sitting Michigan Supreme Court Justice to be charged with a crime in nearly 40 years.”

Hathaway, 59, resigned her esteemed position from the bench eight days after entering her plea, is now an inmate at “Camp Cupcake,” the federal prison in Alderson, West Virginia. The prison earned its derisive name because the inmates enjoy the privileges of washers, dryers, microwave ovens, hair dryers, curling irons, manicures and pedicures.

Previous well-known inmates have included former Detroit Councilwoman Monica Conyers; Martha Stewart and the two women who tried to assassinate President Gerald Ford: Sara Jane Moore and Charles Manson follower Lynette “Squeaky” Fromme.

In their complaint against her, prosecutors accused Diane Hathaway of hiding assets worth more than $1 million and lying to lender ING Direct about it in order to obtain a short sale approval.

Defense lawyer Steve Fishman argued that Hathaway and her husband Michael Kingsley actually saved the bank money by accepting the short sale rather than allowing it to be taken to foreclosure auction.

If you want to read in more detail the allegations prosecutors made against Diane Hathaway and conclude for yourself why she pleaded guilty, use the search bar at the left of this blog to find them

Read the original article for this post in the Detroit News.

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