Martha Stewart calls college admission scandal 'embarrassing'

Martha Stewart is showing some sympathy for Felicity Huffman following the actress' public apology for her role in the college admissions scandal.

The TV icon and business mogul spoke with ET at The Hollywood Reporter's 9th Annual Most Powerful People In Media gala event at The Pool in New York City on Thursday, and she addressed the fraud scandal and Huffman's involvement.

"It's just embarrassing for a family to go through what they're going through and horrifying that it even occurred," Stewart shared. "It's a sad thing."

Huffman pleaded guilty to charges of mail fraud and honest services mail fraud on Monday, and issued a public apology for "the pain I have caused my daughter, my family, my friends, my colleagues and the educational community."

However, Stewart said she feels that Huffman "definitely" will have an opportunity to bounce back and rebuild her career after the dust settles. 

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Stars react to Hollywood college scandal
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Stars react to Hollywood college scandal
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Hollywood https://t.co/ibqR5Myk0l
I’m learning some new ones as we speak. Stay tuned. https://t.co/ftJjYtMUxt
2 actresses get most attention for college admissions cheating scandal. Yet 48 others were charged, too. Coache… https://t.co/0wHhXApCiC
all the people involved in this college scam should have gathered their money and started a small elite college whe… https://t.co/xpJicaMdXY
If only there was a succinct turn of phrase these kids could have used to inform their parents they were not desiro… https://t.co/DZfRr1GRjJ
So I am fascinated with this college entrance bribery scam. What is wrong with people? It’s like social media. Ever… https://t.co/mRkaErhLG9
I literally said this on @tmz page. Donating a building is a form of bribery. I guess knowing someone is too but t… https://t.co/hGl6IzKtYT
BREAKING NEWS: ENTRANCE INTO COLLEGE UNJUST, TILTED IN FAVOR OF WHITE KIDS WITH RICH PARENTS.
#AuntBecky going to jail on Rico charges.... 🤦🏾‍♀️ https://t.co/B89kzDePf7
TERI HATCHER GOT ME INTO BROWN
JUDITH LIGHT GOT ME WAIT LISTED AT TUFTS
I got into college the old fashioned way: by letting my father’s celebrity speak for itself.
As we are all processing the insane advantage money gave some in the college process, it’s worth noting the far gre… https://t.co/vIrShhjCD9
I got into Harvard against long odds via hard work and perseverance. Neither of my parents went to college, we didn… https://t.co/d4iQhjfyVX
For starters as a mom of a kid who worked her ass off to get into @USC I’ve got lots of feelings about all of these… https://t.co/D7i4pt9hjj
Operation Varsity Blues 🤣🤣🤣🤣 I guess they're are like, "Hey, even though we're the FBI, we still know how to have a good time."
No such thing as White Privilege? then how about, Rich White Privilege🤷🏻‍♂️ Teach your kids the benefits of hardwor… https://t.co/jhVHYYucZn
Dibs on playing Felicity Huffman in the Lifetime movie about this mess
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Considering Stewart's own legal drama in the past - including serving a five-month sentence in a federal corrections facility from 2004 to 2005 after being convicted of multiple felony charges - the iconic lifestyle guru and businesswomen certainly knows what it's like to have to rebuild, and that it's possible.

Stewart also addressed the sheer number of wild, dramatic and unexpected Hollywood news stories that have broken in recent months -- most notably the admissions scandal and the ongoing Jussie Smollett drama.

"That's showbiz! You can't make it up," she said with a laugh. "I can't even read fiction because real [life] is better than any fiction."

Stewart's comments come just days after Huffman's plea, and the US Attorney's recommendation of incarceration at the low end of the sentencing guidelines, a fine or other financial penalty of $20,000 and 12 months supervised release for Huffman, as well as 12 other individuals who also pleaded guilty.

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