Former Michigan Star Sentenced to 6 1/2 Years in Jail

by January 08, 2011

Rumeal Robinson, who converted two free throws to seal Michigan’s 1989 NCAA title and played six years in the NBA, was accused of conspiring with a bank officer to take out more than $1 million in loans. From the AP: “Former Michigan basketball star Rumeal Robinson has been sentenced to 61/2 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.”