Monday, May 20, 2013

The latest local news, weather and high school sports from the Heartland

Former Michigan star sentenced to 6½ years in jail
Posted: 01.07.2011 at 4:06 PM
0

(AP) --  Former Michigan basketball star Rumeal
Robinson has been sentenced to 6½ years in jail for financial
fraud.


A jury found Robinson guilty in September of 11 charges,
including bank bribery, wire fraud, conspiracy to commit bank fraud
and making a false statement to a financial institution.


Prosecutors say Robinson schemed between 2004-05 to borrow more
than $700,000 from a bank in Ankeny, Iowa, with the help of a loan
officer. They say he claimed the money was for a business but that
he actually bought a condominium, cars, furniture and invested in
an energy company.


Robinson was also ordered to pay nearly $1.2 million in
restitution.


In the 1989 national title game, Robinson hit two free throws
with 3 seconds left to give Michigan a win over Seton Hall. He also
spent six seasons in the NBA.

(Copyright ©2011 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Conceal and carry instructor charged with faking documents
KTVO Newsdesk  |  Today at 8:25 AM  |  4 comments
Thumbnail
Storms generate severe damage to an Eldon farm
Laura Simon  |  Today at 2:19 PM  |  1 comment
Follow Heartland Connection
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Best Bets Home & Ag
Home and Ag information from our experts
Featured Sponsors
Information from our experts
Funeral Announcements
Announcements from area funeral homes
Senior of the Month
View and Nominate here
ADVERTISEMENT