hired as inspectors in a foreclosed-home inspection company

Former Michigan State great Jay Vincent could be jailed today

Former Michigan State great Jay Vincent could be jailed today

Published: Thursday, July 28, 2011, 12:28 PM Updated: Thursday, July 28, 2011, 12:34 PM


By **John Agar | The Grand Rapids Press **MLive.com

Lansing State JournalJay Vincent
GRAND RAPIDS – Jay Vincent, the former MSU star who played in the NBA, could be locked up today after federal prosecutors alleged he may have defrauded participants in a basketball operation while awaiting sentencing for fraud.
The government also believes that Vincent, linked to a $2 million Internet scheme, had been writing – or caused another to write – non-sufficient fund checks as part of a continuing scheme, court records said.
A hearing is set at 2 p.m. in U.S. District Court. The government has asked U.S. Magistrate Judge Joseph Scoville to revoke Vincent’s bond pending his Sept. 2 sentencing.
Vincent, a former Michigan State basketball great who teamed with Magic Johnson to win the 1979 National Championship, told the Lansing State Journal that someone else is responsible for the bad checks.
He told the newspaper that he sold the basketball team tryout business that is at the center of the latest allegations.
“It will be proof without a shadow of a doubt,” Vincent told the newspaper.
It said Vincent and Anthony Portee defrauded more than 20,000 people who believed they would be hired as inspectors in a foreclosed-home inspection company, the newspaper said. Applicants paid $89 for background checks, but were not hired, the newspaper reported.
The latest allegations say Vincent bought advertising to promote basketball tryouts by USA Probasketball Company. One of the prospective players said Vincent told him he was recruiting players for semi-pro teams that would be sold to sponsors.
The player told authorities that he paid Vincent $85 for the tryout, then was told he would have to pay $275.
The government said that last month, Vincent sent a letter that he had sold his basketball business to Brian James nearly two years ago. The government appeared to question the existence of Brian James, who, Vincent told investigators, was responsible for writing the checks.
E-mail John Agar: jagar@grpress.com



I almost fell for this…

2009 was a tough year…

We need more handled like this was … Roy

July 2011

Individuals Ordered to Pay Restitution to Victims of Job Opportunity Scam
Emmanuel Ajayi and Duro Akintola have pleaded guilty for their role in an employment opportunity scam involving counterfeit cheques. They have been ordered to pay restitution to victims of the scam.
The scam targeted Canadian residents who believed that they had been hired to act as secret shoppers to assess the customer service of Western Union Financial Services. The victims were provided with cheques, instructed to deposit them, then to withdraw cash and wire it to individuals through the international money transfer service. All cheques were subsequently identified as counterfeit and the victims were left liable for the cash withdrawals.
The two accused pleaded guilty to making false and misleading representations contrary to section 52 of the Competition Act, and to fraud under $5,000 pursuant to the Criminal Code of Canada. Both men received a conditional discharge with 12 months probation. Ajayi was ordered to pay $5,000 in restitution to four victims, and Akintola was ordered to pay $3,000 in restitution to five victims.
The sentencing brings to a close the Competition Bureau’s investigation. The investigation has resulted in a total of three convictions, including that of Olufemi Olutunde, who was sentenced last year to 12 months in jail and ordered to pay $23,000 in restitution to 14 victims for his part in the scam.

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