Cuff 'Em: Federal Penal System Just Signed Rumeal Robinson To Possible 30-Year Contract
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 years in prison and a $1 million fine on each count. A date for sentencing hasn’t been set.