TLDR - Calorine Ellison is pleading guilty to 4 counts:

* conspiracy to commit wire fraud on customers

* conspiracy to commit wire fraud on lenders

* conspiracy to commit securities fraud

* conspiracy to commit money laundering

She is waiving the right to appeal, must be a witness for the prosecution, and she is agreeing that the maximum sentence recommendation imposed on her is 20 years in jail and a $250k fine.