Friday, September 14, 2012

Winans Fraud Scandal in Detroit


The Detroit Christian community is reeling with the news that a member of the Winans family has been accused of exploiting church ties to set up an investment scam...

From Click on Detroit 
A member of the Winans gospel-music family has been charged with fraud in an $8 million scam involving bogus bonds.
Federal prosecutors in Detroit filed the charge this week against Michael Winans Jr. His attorney, William Hatchett, said Thursday that a guilty plea is expected at an undetermined date.
The government says 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. The court document says Winans recycled the money among investors and also used cash for his personal use.
State regulators in 2010 said Winans used connections in Detroit churches to lure investors.

30 comments:

Ms. Lee said...

Wow.

Anonymous said...

This is why many people in the younger generation have turned away from the church. These super pastors and their super churches can prey on the old, dumb and weak all day long. I know many people who will ride the bus to church and put their rent money in a collection basket while the pastor is pushing a Benz. No thanks, I will not be financing anybody's lifestyle but my own.

Tracy said...

This is a "Damn Shame" and the very reason why people do not go to church or help organizations that help people. Malachi3:7 will a man rob God when you rob God or his people you are going to reap what you sowed 5x's over.

Don't get discourage from helping people because when you help others God will bless you for what you did from your heart!

Genesis 31:30
Titus 2:10
Exodus 20:15

Bible scriptures about stealing and robing God's
people... don't stop helping others


Tracy said...

@11:06 you are exactly right, but give to the Salvation Army or if you have some spare time volunteer, help a senior in some kind of way like going to pick up medication, grocery etc store you never lose you will be blessed trust me.

Anonymous said...

Wait...I thought that FAITH came from HEARING - Hearing the Word of God. So, in essence, you don't go to church (or better yet, shouldn't be deterred from going to church) because you've made a bad investment or feel for what this man told you. As with any investment - do you own due diligence don't be led blindly.

I would hope that the younger (and older) generation wouldn't stop going to church because of this - that just sounds like an excuse and the trick of the enemy.

Anonymous said...

@12:12 pm...Couldn't agree more. There are scandals in every organization not just the church. The church is full of sinners but isnt it supposed to be? If all in the church were perfect, why bother preaching the word? Just have one big ol' perfect-party because everybody is living right and need nothing further. Aren't people in church to hear the word and try to get their life on track (so that they may inspire and be a blessing to others, hopefully)? All people fall short. The people who were taken in the scam should have done their homework, period.

Anonymous said...

RAAASTAFARI!

Anonymous said...

This sounds like a story that ive heard on AMERICAN GREED!!

Anonymous said...

So the lock up Michael Winans for playing the exact same game Wall Street and the Federal Reserve play?

Shameful.

ELove said...
This comment has been removed by the author.
ELove said...

THIS Entire family is NOTHING But Corrupt & Soul-Less CON-ARTISTS Though SMDH

Ms. Lee said...

@ELove! Where have you been? Glad to see a post from you.

Anonymous said...

When people start realizing they don't need church and fairytails to be a good person the brainwashing will stop. A man once said "When the white man came to Africa, he handed the Africans the bible and said "let us close our eye's, bow our heads and pray". When the Africans opened their eyes, the white man had their land and African had the Bible". TRUE STORY

Anonymous said...

fake ass christian churches. Niggas please leave christianity. Them niggas is lost. Robbing people of their money and fucking them over. Come out of those damn whore house churches.

Anonymous said...

@ 1:26 the white man went to africa to get the israelites. those are the negroes in america and the other four corners of the earth that went into slavery as a nation together. the white man aint give no damn african a damn bible when they couldnt fucking read english and they damn sure didnt give the black slaves the bible because they didnt want them to even fucking read. the white man gave niggas religion. christianity and white fucking greek jesus christ. before that the arabs gave niggas islam.

Anonymous said...

O.o @ 1:26 pm... have a seat. The white man didnt come over in the land of ham with bibles. africans knew thw biblw way before they came. christianity is a made up religion dedicated to the isis and ra and horus stories. and the africans stoled it from other civilizations. the white man didnt fuck with africans. africans sold you negroes to the white man after they got finished selling you off to the arabs first. us negroes been in slavery six damn times before the caveman came over and started spreading us out all over the world.

Anonymous said...

@11:06 I hear you. I was raised in the church and I stopped going years ago for this very reason. We lived in the hood but the minister and his family lived in an affluent suburb. I don't think our car was made in the same decade we were in but the minister drove a brand new car. We were struggling yet my mother made sure she set aside money to give to the church. I'm like Earthquake. Tell Jesus I will give him his money when I see him.

Anonymous said...

At 1:44 do you go to church with that mouth? Remember your lord is always listening.

Anonymous said...

Ok so I thought someone said on the Webbie post that women should go to church to find a good man. LOL so much for that theory. Niggas ain't shit even in church.

Anonymous said...

@ 2:04pm. um no. where does it say go to church on a sunday? dont worry ill wait....... and what does the word "lord" really come from? ill wait on that one too.

Anonymous said...

@2:09

"Lord" comes from "Ba'al" which is Nimrod, who had sex with (and allegedly abused) his motherwife, Ishtar (Easter). Nimrod was born on a "Sun"day, in the beginning of winter (December 25th). He's celebrated with a fig tree cut down from a forest and that's decorated with glitter and phallus shaped objects.

Anonymous said...

@2:49 WHAT? You're an idiot.

Anonymous said...

@3:06 LMAO!!!!!!!!!!!!!!!!!!!!!!!!

Anonymous said...

@3:06&@3:50 (aka the same person):

http://amightywind.com/hanukkah/truthchristmas2.htm

Anonymous said...

IJS, any time you buy a cd, concert ticket, designer label, etc...you have just financed someone's lifestyle.

Anonymous said...

@ 2:49pm. Thank you!!! good ass breakdown. the rest of these fools are asleep.

Anonymous said...

I'm not surprised. The Winans family come off as opportunist, and scammers. Just like 12:47pm said Michael's greedy ass belongs on American greed.

Anonymous said...

Well you go to a "church" building to worship God, not man. And, certainly not a get rich quick trick, so those people and any others who are being fooled and giving all their money to a scam artist theif should check themselves and see why are they trying to use God as a genie (money genie that is).. I Worship and Praise my Lord and Savior Jesus the Christ every moment of everyday in and out of church. I encourage you to seek God for yourself, because I do agree that some of these church building gathering are totally worldy and corrupt, but that won't be an excuse on judgement day for not seeking to know your creator, let them be lost - but seek to be saved for yourself. God Bless~

Anonymous said...

Let he who has not sinned. Cast the first stone!!...and with that being said let the church say amen.

Anonymous said...

i never post comments but felt a need to post one what i dont understanding is how we have all of these churches that all filled every sunday and our commuity is so f'ed up.Most of the pastor move way out to suburbs when there members live in the heart of the ghetto.Drive bentlys benz and etc.Ithink it would make a big statement if instead of doing those thing live rightby your church and change the commity in which your church is in.Every other reglion does the muslim jews and live by there places of worship just a though

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