Former Michigan Supreme Court Justice Diane Marie Hathaway Sentenced on Bank Fraud Charge

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2013-05-30

Diane M. Hathaway, a former Michigan Supreme Court Justice, was sentenced to one year and one day in federal prison after having pleaded guilty in January to committing bank fraud in connection with a property in Grosse Pointe Park, Michigan, United States Attorney Barbara L. McQuade announced. McQuade was joined in the announcement by Special Agent in Charge Robert D. Foley, III of the Federal Bureau of Investigation (FBI) and Michigan Attorney General Bill Schuette.

At the time of the plea before United States District Judge John Corbett O’Meara, Hathaway, 58, of Grosse Pointe, Michigan, admitted that between 2010 and 2011, she knowingly engaged in a scheme to defraud ING Direct bank by concealing assets from the bank to qualify for a “short sale.” A short sale is a forgiveness of debt by the bank to a borrower who claims financial hardship.

Hathaway was also ordered to pay restitution in the amount of $90,000.

Source: U.S. Attorney’s Office

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