Michigan regulators say a member of the Winans gospel-music family led a fraudulent, multimillion-dollar investment program by promoting bogus Saudi Arabia oil bonds.
Michigan regulators say a member of the Winans gospel-music family led a fraudulent, multimillion-dollar investment program by promoting bogus Saudi Arabia oil bonds.
SOUTHFIELD, Mich. (myFOXDetroit.com) -
A member of the famous Winans family has been charged with cheating people out of more than $8 million dollars. He's a familiar face, not only because of his family name, but because Problem Solver Rob Wolchek put him in the Hall of Shame.
Michael Winans, Junior is in big trouble. The singer may have hung out with famous people like P. Diddy and Nicole Scherzinger a few years ago, but soon he may be hanging with famous people like O.J. Simpson and Bernie Madoff in prison.
I confronted Michael Winans, Junior back in 2008 when I first exposed what sure seemed like a ponzi scheme. At that time he had no comment.
Now the federal government agrees, charging Winans with taking more than $8 million from over a thousand victims.
I first started investigating Michael Winans, Junior after I heard he was using his successful family name to convince people he invested like a rich person.
He spoke at local churches where people were impressed to be addressed by one of the famous Winans family.
"When you think of the Winans, you think of prominent people," one woman told us.
Michael Winans, Junior said he was such a big shot, he'd let others in on his Saudi Arabian oil bond that was paying huge dividends.
"He did get up and speak and basically he said that the crude oil bond is real," one man said.
But the feds say his Saudi oil bond and his investments were all fake.
He may be a member of the famous gospel singing Winans family, but the feds say this Winans is just a crook.
Michael Winans, Junior is officially being charged by the United States government with wire fraud, but this is all about the same scheme Winans was running when I busted him.
I spoke with Winans' attorney and he said his client is working to pay the victims back. $8 million is a lot of money, even for a member of the Winans family.
Wednesday, May 15 2013 5:46 PM EDT2013-05-15 21:46:32 GMT
Is it really that easy? You get someone's Social Security number and use it to get credit to buy things? Ask a woman in Southfield and she'll say "yes."
Is it really that easy? You get someone's Social Security number and use it to get credit to buy things? Ask a woman in Southfield and she'll say "yes."
Wednesday, May 8 2013 11:16 PM EDT2013-05-09 03:16:35 GMT
When it comes to garden hoses, the Pocket Hose is a real lightweight. Yet the makers claim it packs the same power as a full-size, heavy-duty rubber hose. We put it to a full-size, heavy-duty Fame or Shame test.
When it comes to garden hoses, the Pocket Hose is a real lightweight. Yet the makers claim it packs the same power as a full-size, heavy-duty rubber hose. We put it to a full-size, heavy-duty Fame or Shame test.
Monday, May 6 2013 8:40 PM EDT2013-05-07 00:40:36 GMT
Rob Wolchek first exposed Michael Winans, Junior for running a Ponzi scheme back in 2008. Now Winans is trying to get out of his 13 year prison sentence and taking donations for his legal defense fund.
A member of the famous Winans family convicted of wire fraud says "he's not a monster." Rob Wolchek first exposed Michael Winans, Junior for running a Ponzi scheme back in 2008. Now Winans is trying to get out of his 13 year prison sentence and taking donations for his legal defense fund.
Thursday, April 25 2013 10:58 PM EDT2013-04-26 02:58:44 GMT
A basketball tournament is a big deal. The kids on the teams practice. The parents change their schedules. The coaches get ready for a long weekend. Then they find out at the last minute the tournament is called off.
A basketball tournament is a big deal. The kids on the teams practice. The parents change their schedules. The coaches get ready for a long weekend. Then they find out at the last minute the tournament is called off.
Friday, April 19 2013 12:11 AM EDT2013-04-19 04:11:37 GMT
Some high school students are familiar with the "Halllllllllll of Shame' guy Rob Wolchek, but would they recognize a 'bait and switch' scam? Wolchek works to make some students wise to con artists.
Some high school students are familiar with the "Halllllllllll of Shame' guy Rob Wolchek, but would they recognize a 'bait and switch' scam? Wolchek works to make some students wise to con artists.
Friday, May 17 2013 11:55 PM EDT2013-05-18 03:55:04 GMT
"We intend to build cars in North America for [the] North American market, build cars in Europe for the European market and build them in Asia for the Asian market," said Don Graunstadt.
"We intend to build cars in North America for [the] North American market, build cars in Europe for the European market and build them in Asia for the Asian market," said the CEO of North American Operations for the electric car company.
Friday, May 17 2013 10:19 PM EDT2013-05-18 02:19:58 GMT
It can creep up on you without you realizing it. One day you step on the scale and you're obese. That's what happened to a St. Clair Shores woman who never though she would lose the weight.
It can creep up on you without you realizing it. One day you step on the scale and you're obese. That's what happened to a St. Clair Shores woman who never though she would lose the weight.
Friday, May 17 2013 8:43 PM EDT2013-05-18 00:43:34 GMT
Sabrina Gianino was found dead with a cord around her neck inside a Grosse Pointe Park home early Thursday morning. The medical examiner has ruled her death a homicide.
Sabrina Gianino was found dead with a cord around her neck inside a Grosse Pointe Park home early Thursday morning. The medical examiner has ruled her death a homicide.
Friday, May 17 2013 7:48 PM EDT2013-05-17 23:48:59 GMT
A Molotov cocktail was thrown through a kitchen window of a waterfront mansion on Whittier Street in Grosse Pointe Park around 3:20 a.m. Friday. Fortunately, someone inside put it out.
A Molotov cocktail was thrown through a kitchen window of a waterfront mansion on Whittier Street in Grosse Pointe Park around 3:20 a.m. Friday. Fortunately, someone inside put it out.
Friday, May 17 2013 6:26 PM EDT2013-05-17 22:26:25 GMT
Nation of Islam leader Louis Farrakhan urged Detroit's pastors and majority black population Friday to join him in an effort to buy neglected properties and take other steps to help revitalize the struggling city.
Nation of Islam leader Louis Farrakhan urged Detroit's pastors and majority black population Friday to join him in an effort to buy neglected properties and take other steps to help revitalize the struggling city where the movement started more than 80 years ago.