DES MOINES, Iowa — Former Michigan basketball star Rumeal Robinson has been sentenced to 6½ years in jail for financial fraud.
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.
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