Rumeal Robinson found Guilty of 11 Federal CHARGES
Former NBA & Michigan player Rumeal Robinson was found guilty of 11 federal charges including Wire Fraud,Bribery,Lying to a Financial Institution & Conspiracy..The US Attorney said bewteen 2004 and 2005 Robinson schemed with a bank loan officer at The Community State Bank in Ankeny,Iowa..
Prosecutors say Robinson borrowed $700,000 for a business .But instead used the money to buy a Condo,Jewelry, $3000 at a strip club,$1000 on a dog ,5 motorcycles and 3 Cars ...Among the other accusations Robinson is accused of is also scheme to sell his mother's home without her knowledge..
A sentencing date hasn't been set yet..Robinson could face up to 30 years in prison..
This is the 2nd time in 2 months that a former college player has been found guilty ..
Last month former Kentucky player Ed Davender got 8 years for his involvement in a ticket scam..
Former NBA & Michigan player Rumeal Robinson was found guilty of 11 federal charges including Wire Fraud,Bribery,Lying to a Financial Institution & Conspiracy..The US Attorney said bewteen 2004 and 2005 Robinson schemed with a bank loan officer at The Community State Bank in Ankeny,Iowa..
Prosecutors say Robinson borrowed $700,000 for a business .But instead used the money to buy a Condo,Jewelry, $3000 at a strip club,$1000 on a dog ,5 motorcycles and 3 Cars ...Among the other accusations Robinson is accused of is also scheme to sell his mother's home without her knowledge..
A sentencing date hasn't been set yet..Robinson could face up to 30 years in prison..
This is the 2nd time in 2 months that a former college player has been found guilty ..
Last month former Kentucky player Ed Davender got 8 years for his involvement in a ticket scam..