Judge Cox of the United States District Court, received 50 letters from victims in the Michael Winans Jr., Ponzi scheme. The federal judge shared some of the letters from victims at the sentencing on Wednesday of last week, according to AP March 3.
One family had saved money for their daughter’s college education, but they lost the money to the scam so she enlisted in the Army. Judge Cox said that, “Fraud on good, decent, church-going people – that was very, very troubled to me.”
Although, Gospel singer, Michael Winans Jr., 30, says he did not intend to harm anyone – this gross of harm will take years to recover. The Ponzi scheme robbed $8 million from people of the church and community of the Detroit area; $5 million has yet to be returned.
In a video by Meet The Fresh, Michael Winans, Jr., admits that he did not really want to be a singer, he wanted to do something different. He says he went to college to get a degree in business administration. Although, he does enjoy singing.
Words cannot express to the victims the sadness we feel for them. Our hope is that, if you are a victim, that you share your experience with friends and relatives so that this will not happen to them.
We pray that blessings and good fortune will seek out the victims, and that your heart will continue to serve a loving God.