Rumeal Robinson guilty in fraud scheme

Updated: September 8, 2010, 6:57 PM ET
Associated Press

DES MOINES, Iowa -- 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 ...

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