Fabbs
09-01-2011, 11:59 AM
http://espn.go.com/nba/story/_/id/6916111/magic-johnson-asks-judge-not-sentence-jay-vincent-prison
Jay Vincent, 52, returns to federal court in Grand Rapids for sentencing on Friday, nearly a year after pleading guilty to fraud and tax charges.
Prosecutors say he and an associate defrauded 20,000 people out of more than $1 million by charging them to become certified home inspectors through a business called Foreclosure Bank Inspection. No inspectors were hired, and the business had no contracts with banks, according to the government.
"I know what he did was wrong and I hope in time he will be able to repay all the people who lost money in this situation," Johnson said this week in a letter to U.S. District Judge Robert Jonker. "I believe he got involved with the wrong people and made some really bad decisions."
"With all due respect to the parties involved, and my heart goes out to them, I ask again that you consider his time served and have mercy on him and not allow this one incident of bad decision-making to change the course of his life," Johnson told the judge.
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Just a thought Magic, with your net worth being $500 million and "your heart going out" to the defrauded victims, hows about you pay them back and let Jay Vincent pay you back the 1 million?
Jay Vincent, 52, returns to federal court in Grand Rapids for sentencing on Friday, nearly a year after pleading guilty to fraud and tax charges.
Prosecutors say he and an associate defrauded 20,000 people out of more than $1 million by charging them to become certified home inspectors through a business called Foreclosure Bank Inspection. No inspectors were hired, and the business had no contracts with banks, according to the government.
"I know what he did was wrong and I hope in time he will be able to repay all the people who lost money in this situation," Johnson said this week in a letter to U.S. District Judge Robert Jonker. "I believe he got involved with the wrong people and made some really bad decisions."
"With all due respect to the parties involved, and my heart goes out to them, I ask again that you consider his time served and have mercy on him and not allow this one incident of bad decision-making to change the course of his life," Johnson told the judge.
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Just a thought Magic, with your net worth being $500 million and "your heart going out" to the defrauded victims, hows about you pay them back and let Jay Vincent pay you back the 1 million?