Tuesday, March 18, 2014

Gospel Artist, Michael Winans Jr. Loses Appeal in Fraud Case, Must Pay Back Millions of Dollars


Here's an update for all of you RGA readers who have been waiting to hear what's going on with Michael Winans.  Michael Winans lost his appeal and must pay back $4 million dollars to investors, allegedly.  Although, he lost his appeal, it does not mean his life is over and he can start over when he gets out. 

According to BlackChristianNews.com, Michael Winans Jr. has been ordered to pay more than $4 million to people who thought they were making legitimate investments with him. He objects to the amount of restitution, but the appeals court said Monday  

In the meantime, we will keep Michael Winans in our prayers.

Michael Winans Jr. Loses Appeal in Fraud Case; Must Pay $4 Million Back to Those he Defrauded

A federal appeals court says a member of a well-known Detroit gospel music family has waived his right to appeal key parts of a fraud case.


Michael Winans Jr. has been ordered to pay more than $4 million to people who thought they were making legitimate investments...Read full article, here.


Source and Photo: BlackChristianNews.com
Photo: AP

 

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