Joel Wilson, 33, of Saginaw, will serve prison time for the Saginaw County portion of his multicounty Ponzi scheme. "This is theft and an outright violation of the trust that was placed in him by his neighbors in Saginaw and Bay Counties," said attorney general bill Schuette. In 2009, Wilson scammed investors through his operation of the Diversified Group.
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Schuette: Joel Wilson Sentenced in Second County for Ponzi Scheme
Joel Wilson, 33, of Saginaw, will serve prison time for the Saginaw County portion of his multicounty Ponzi scheme. "This is theft and an outright violation of the trust that was placed in h…