Michael Winans Sentenced to Prison for Ponzi Scheme
by Hilton Hater at . Updated at .Michael Winans Jr., a member of a famous family of gospel musicians, has been sentenced for his role in a Ponzi Scheme that defrauded investors of over $8 million.
He will spend 13 years and nine months behind bars.
Prior to sentencing the singer, a U.S. District Court Judge came down on him for robbing "good, decent, church-going people."
Winans has said there was "no malicious intent on [his] part" and that he just "wanted people to have a good life," though the 1,200 individual fiscally injured in his hoax may disagree with that assessment.
The artist is the son of Michael Winans Sr. and older brother Benjamin "Bebe" Winans and Priscilla "Cece" Winans.
He has also been ordered to $4.8 million in restitution to his victims.
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Comments (4 Total)
I thought he was a godly christian man????? haaaaa!
WTG dumbass.
Well, he just disappointed his gospel, church-going family and everyone else.
I pray at home for free. I do not enjoy going to church. Now it is a fashion show. The PASTER as they are called is mostly a JOKE.