Kermit Washington Pleads Guilty To 3 Felonies, Admits Taking Over $225k

Ex-NBA star Kermit Washington is finally admitting he spent hundreds of thousands of dollars in charitable donations on himself ... pleading guilty to 3 felonies in federal court.

TMZ Sports broke the story ... Washington -- a former All-Star -- was arrested in May 2016, and accused of orchestrating a fraudulent scheme where he took a large amount of money intended to help Africans in need.

Washington initially pled not guilty, but changed his tune this week ... pleading guilty to aggravated identity theft and 2 counts of filing false income tax returns.

As part of the deal, the US Attorney has agreed to not pursue more than 8 years in prison (KW was initially facing 45 years) ... though the sentence is ultimately up to the judge.