Winans, Jr. charged, accused of cheating people out of millions - Los Angeles News | FOX 11 LA KTTV

Michael Winans, Jr. charged, accused of cheating people out of millions

Posted: Updated:
Michael Winans Jr., seen here in Fox 2 video from back in 2008.  (Credit: myFOXDetroit.com) Michael Winans Jr., seen here in Fox 2 video from back in 2008. (Credit: myFOXDetroit.com)
  • Michael Winans, Jr. charged, accused of cheating people out of millionsMore>>

  • State Says Winans Involved in Ponzi Scheme

    State Says Winans Involved in Ponzi Scheme

    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.

  • Local NewsLocal NewsMore>>

  • All you need to know: Arts, Beats and Eats 2014

    All you need to know: Arts, Beats and Eats 2014

    Friday, August 29 2014 10:44 AM EDT2014-08-29 14:44:11 GMT
    Celebrating its 17th year and returning to the bustling streets of Royal Oak from Aug. 29 - Sept. 1, Ford Arts, Beats Eats presented by FirstMerit Bank will entertain thousands of visitors from across the region with its outstanding music line-up, stellar arts programming, mouthwatering selection of food, and a number of new attractions this Labor Day weekend.
    Celebrating its 17th year and returning to the bustling streets of Royal Oak from Aug. 29 - Sept. 1, Ford Arts, Beats Eats presented by FirstMerit Bank will entertain thousands of visitors from across the region with its outstanding music line-up, stellar arts programming, mouthwatering selection of food, and a number of new attractions this Labor Day weekend.
  • All You Need to Know: Fifth Third Bank Michigan State Fair

    All You Need to Know: Fifth Third Bank Michigan State Fair

    Friday, August 29 2014 9:56 AM EDT2014-08-29 13:56:12 GMT
    The Michigan State Fair is kicking off in Novi with carnival rides, circus shows and farm animals. Located off Grand River, the fair opens Friday Aug. 29 to Labor Day Sept. 1 from 10 a.m. to 11 p.m.
    The Michigan State Fair is kicking off in Novi with carnival rides, circus shows and farm animals. Located off Grand River, the fair opens Friday Aug. 29 to Labor Day Sept. 1 from 10 a.m. to 11 p.m.
  • Detroit police believe three shootings gang-related

    Detroit police believe three shootings gang-related

    Friday, August 29 2014 8:15 AM EDT2014-08-29 12:15:04 GMT
    In total there has been three shootings within 12 hours and two miles of each other - and police believe there is a connection.
    In total there has been three shootings within 12 hours and two miles of each other - and police believe there is a connection.
Powered by WorldNow

KTTV FOX 11
1999 S. Bundy Dr.
Los Angeles CA 90025

Main: (310) 584-2000
News Tips? (310) 584-2025

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices