Back in October Michael Winans, a member of the Gospel singing family, pleaded guilty to defrauding church goers out of millions of dollars in a ponzi scheme [click here if you missed that].
Welp, it's time for Micheal to pay the piper...
Yesterday Michael Winans was sentenced to 13 years and 9 months in prison for using church connections to sell phoney Saudi oil well bonds.
During his sentencing Michael threw himself on the mercy of the court telling the judge,
“I did make mistakes.”
"I caused financial and emotional damage. For that I repent. But there was no malicious intent on my part…I wanted people to have a good life.”Victims of Michael's scheme told the court they trusted him because of his family name and because he solicited investors during church services.
Micheal has been ordered to pay his victims $4.8 million in restitution.
