• Weathermore
  • Live Traffic610I-45I-10US-59Sam Houston Tollwaymore

Winans Family Member Charged with Ponzi Scheme

Comments: 0  | Leave A Comment

A member of the famous Winans gospel- music family has been charged with fraud after authorities uncoverec a scam involving more than $8 million and bogus oil bonds.

Michael Winans Jr. plans to plead guilty, according to reports Winas knew the Saudi Arabian oil bonds weren’t real.

As posted by BlackAmericaWeb.com

Read more:http://www.blackamericaweb.com/news/top-news/winans-family-member-charged-ponzi-scheme

Join the Conversation! Share and Discuss!

Tags: »

Comments

Follow

Get every new post delivered to your Inbox.

Join 1,512 other followers