Rumeal Robinson guilty in fraud scheme
DES MOINES, Iowa -- Rumeal Robinson, who led Michigan to the NCAA men's basketball championship in 1989 and later played in the NBA, was convicted in federal court Wednesday of borrowing more than $700,000 for a sham business deal and then spending the money on a condominium, expensive furniture and cars.
A jury found Robinson guilty of 11 counts, including bank bribery, wire fraud, conspiracy to commit bank fraud and making a false statement to a financial institution. He faces up to 30 ...
Read full story