Sarah Ferguson, ex-wife of Prince Andrew and one-time best friend of Princess Diana, is in the biggest trouble of her life...and that's saying a lot. The British tabloid News of the World set up Ferguson in a bribery trap, and she walked right into it.
Click here to watch undercover video of the sting.
Ferguson, a former Weight Watchers spokeswoman, appears to ask the News of the World reporterÂ (posing as an international tycoon) for $40,000 in cash, and $720,000 by wire transfer "if you want a deal with Andrew... and then you meet Andrew."
Prince Andrew serves asÂ Britain's special representative for international trade and investment. He still has a close relationship with Ferguson, with whom he hasÂ two daughters, Beatrice, 21, and Eugenie, 20.
Ferguson issued a statement last night that read in part: "I very deeply regret the situation and the embarrassment caused.Â It is true that my financial situation is under stress. However, that is no excuse for a serious lapse in judgment and I am very sorry that this has happened.Â I can confirm the Duke of York was not aware or involved in any of the discussions. I am sincerely sorry for my actions.Â The Duke has made a significant contribution to his business role over the last 10 years and has always acted with complete integrity."