Former real estate executive Gjonaj pleads guilty to wire fraud, faces about 8 years in prison
Former real estate executive faces up to 8 years in prison
Sentencing scheduled for 2 p.m. June 15
Viktor Gjonaj
A former commercial real estate executive entered a guilty plea in federal court Wednesday to a wire fraud charge as part of a plea agreement in a $26.4 million fraud case.
Viktor Gjonaj, who admitted to his role in a complex scheme that defrauded investors of millions so he could play the Daily 3 and Daily 4 Michigan Lottery games, faces up to 97 months, or about 8 years, in federal prison.
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