Convicted Ponzi schemer Michael Winans, Jr. seeking donations - Dallas News |

Michael Winans, Jr. still wants your money; Convicted Ponzi schemer seeking donations

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Rob Wolchek asks Michael Winans, Junior for comment outside of court. Rob Wolchek asks Michael Winans, Junior for comment outside of court.

Convicted Ponzi schemer Michael Winans, Junior, who I watched admit to stealing $8 million in front of a judge, now says in a video that "there are numerous stories out there that claim I stole millions of dollars from innocent people.  That is not true."

To prove it's not true, Winans wants, what else, your money.  He is now taking donations so he can pay for new lawyers to get him out of his 13 year prison sentence.

In 2008, I investigated Winans while he was running an investment deal.  He was taking money from people to invest in a Saudi oil bond.

Winans is a famous singer and a member of the famous Winans gospel family.  He claimed he was going to teach people he met at his studio or at churches how to invest like rich people, like him.

I put Winans in the Hall of Shame.  The feds charged him with wire fraud, and late last year I watched as Winans pled guilty, admitting he knew the Saudi oil bond was fake and that he knew the people he was taking money from wouldn't get their money back.  I heard him say it to the judge.

In February he was sentenced.  Now, according to his press release, Winans is speaking out for the first time.

"Much of the money that was collected by others that was supposedly going to me never even came to me.  I didn't even get the money," he says in that video.

Really, Mike?  The following are quotes from some of the stories I've done on you over the years.

"I gave my money to Michael Winans."

"I talked to Mike Winans personally."

"He said, in fact, it was his bond that we were investing in."

"And, if that's not enough, to make matters worse, my attorney failed to do his job for me," Winans also says in the recording.

I guess his attorney made him plead guilty.

Winans also claims he has never gotten his chance to tell his side of the story until now.  Well, what about in 2008 when the scheme was still running?

"Can I ask you some questions about this investment thing you've got going on?" I said to Winans back then.

"No comment," he answered.

What about after court when he pled guilty?

"Got anything to say to your victims?" I asked.

"No comment," he said.

Poor Mike Winans.

"I'm asking you for the benefit of the doubt and also your prayers," Winans says in the video.

But even more than your prayers, remember Mike Winans wants your money.

Winans is taking donations for his legal defense fund on his website via PayPal.

I've spoken to a lot of people who say this guy made them look like fools, ruined their relationships and took their family savings.  You talk about praying, Mike?  Those people have been praying you pay them back and get punished for what you've done.

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