Thursday, February 28, 2013

Gospel Singer Michael Winans Jr. Sentenced to 14 Years in Prison for Ponzi Scheme



A judge has sentenced a member of gospel music's Winans family to nearly 14 years in prison for an $8 million ponzi scheme that was promoted and target to church members in their churches. The federal court was told that the scheme to sell Saudi Arabian oil bonds robbed some people of their life savings, caused divorces and fractured many families.

Read more at:

Gospel Singer Michael Winans Jr. Sentenced to 14 Years in Prison for $8 Million Fraud | AT2W

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