Michael Winans

A member of gospel music’s Winans family has been sentenced to nearly 14 years in prison for an $8 million financial scam. Prosecutors say Michael Winans Jr. sold fake Saudi Arabian oil bonds to more than 1,000 investors in 2007 and 2008. He promised 100 percent returns in two months, then used the money for […]

Gospel performer Michael Winans, Jr. was sentenced to 13 years for running an $8 million Ponzi scheme. He was also ordered to pay his victims–some…