By Associated Press Comments Detroit â€" 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. Michael Winans Jr. plans to plead guilty, defense attorney William Hatchett said Thursday. "My client has told me it is his full intention to repay or somehow put these people back to where they were before they became involved," Hatchett said. Winans knew the Saudi Arabian oil bonds weren't real, but he continued to accept money from more than 1,000 investors in 2007 and 2008, according to a filing this week in Detroit federal court. He recycled the money among investors, a trait of Ponzi...
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