Michael Winans Jr. is going to Jail

Michael Winans, Jr., a member of the famous Winans family, has officially been charged by the United States government with wire fraud. According to sources Winans cheated people out of more than $8 million dollars by using a ponzi scheme. He allegedly got the victims, which is said to be over 1,000 people, to invest in Saudi Arabian oil bonds. However, feds say that his oil bonds and investments were all fake, therefore allowing Winans to pocket the money. Winans’ attorney claims that his client intends to pay the victims back all of their money.

Michael Winans better pay those 1,000 people back or else he’s going to be singing his shoulda,woulda, coulda’s in the jail house. He’s a Trip!