Federal prosecutors recommended jail time for the actress.
The actress and her husband are charged with fraud and money laundering.
“I accept full responsibility for my actions,” the actress said in a statement.
“This inequity isn’t just about wealth, it’s about race, ethnicity, culture and history.”
“This is fraud,” an angry Sunny Hostin said about the scandal.
The “Desperate Housewives” star was arrested Tuesday in Los Angeles.