Perk Pressure Based Judgment

by Hal Mooz 27. February 2013 17:36

Winans scion gets nearly 14 years in prison

A judge sentenced a member of gospel music's Winans family to nearly 14 years in prison Wednesday for an $8 million financial scam that was promoted in church pulpits. Two of Michael Winans Jr.'s victims spoke in federal court, telling a judge that the scheme to sell Saudi Arabian oil bonds robbed some people of their life savings, caused divorces and fractured many families..

"I want to apologize to everyone. ... These were decisions that were negligent and irresponsible," said Winans, of Jessup, Md.

He said he had no "malicious intent" but acknowledged that he continued to collect money even after he learned that the bonds were bogus.

http://wonderwall.msn.com/music/winans-scion-gets-nearly-14-years-in-prison-1737507.story

Tags:

Add comment

  Country flag

biuquote
  • Comment
  • Preview
Loading

About Hal Mooz

Engineer, Project Manager, Entrepreneur, Author, Trainer, Lecturer, Thought Leader, Consultant

Month List

RecentPosts