A judge has accepted a new plea deal from a Detroit-area financial manager who helped the government prosecute his partner in a real estate scheme that ended with nearly $50 million in losses.
A former NBA player best known for his 1990 tournament buzzer-beater for Connecticut is on trial in Trenton, N.J., on federal charges of wire fraud.
A judge won’t extend the deadline for Michael Winans Jr. to report to federal prison for financial fraud.
A judge has barred a Detroit-area money manager from the investment industry and ordered him to pay more than $4 million.
Two West Michigan men accused of defrauding investors in a $9 million Ponzi scheme have pleaded no contest to racketeering charges.
A member of the Winans gospel-music family has been charged with fraud after authorities uncovered a scam involving more than $8 million and bogus oil bonds.
A 68-year-old West Bloomfield man has pleaded guilty to conducting a Ponzi scheme that targeted senior citizens.
A former Grand Rapids stockbroker has been sentenced to nine years in federal prison for his role in a $6 million Ponzi scheme.
The United States Attorney said a Michigan man pleaded guilty to running a Ponzi scheme that swindled nearly $50 million from more than 3,000 investors worldwide.
Candy Campbell was sentenced to 52 months in prison after the FBI says she used other people’s money to buy diamond jewelry and support a lavish lifestyle.