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 Saudi Arabian oil bonds robbed some people of their life savings, caused divorces and fractured many families -- the judge sentenced onetime Grammy nominee to 13 years and 9 months in federal prison and ordered him to pay his victims $4.8 million in restitution.
Michael told the court he "did make mistakes” that caused “financial and emotional damage. For that I repent.” He added: There was no “malicious intent on my part…I wanted people to have a good life.” Good riddance.
GO TO JAIL go directly to jail do not pass go do not collect $200 dollars. Lol
ReplyDeleteLOL!!!
DeleteKiss My Azz Michael Winans, Jr!!!! Take that apology and stick it where the sun don't shine! I hate every damn body today!
ReplyDeleteBoo you need prayer.
DeleteDamn, he is my age and has 15 years to think about what he has done. Was it worth it? I would rather be broke with the folks that love me, than to be rich off the fact that I deceived a lot of people that trusted and loved me, which is what he did.
ReplyDeleteNow I hope he has a good life w/ Bubba & the boys rubbing that bald head & azz.
ReplyDeleteYou have to be the same person that always comments about "Bubba & the boys" on the jail post.
DeleteThat family sings about GOD but do they know GOD?
ReplyDeleteWhy are you judging the family by what one person did? What have you done in life that your mother should be judged or condemned for?
DeleteWell dang...you coming for everyone.
DeleteIKR! CTFU
Deletepookie church sheeple stunt divinely
ReplyDeleteshame!!!!