Wednesday, 27 February 2013
Michael Winans Sentenced to 14 Years in Prison For Ponzi Scheme
Posted on 15:05 by Unknown
Three years after news broke that members of the Winans family were behind a massive multi-million Detroit-area Ponzi scheme, Michael Winans Jr. was sentenced today to nearly 14 years in prison for financially defrauding more than 1,200 investors in an $8 million pyramid scheme. The 30-year-old pled guilty last October to wire fraud and after hearing from victims -- some said the scheme to sell
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment