Birmingham Business, Viktor Gjonaj Pleads Guilty to Wire Fraud
(STL.News) A Troy based commercial real estate broker and investor pleaded guilty today with devising and executing a scheme to obtain money by means of false material promises and representations from victim-investors, Acting U.S. Attorney Saima S. Mohsin announced.
Mohsin was joined in the announcement by Special Agent in Charge Timothy T. Waters, Federal Bureau of Investigation.
Viktor Gjonaj, age 43, entered a guilty plea to one count of wire fraud before the Honorable Linda Parker, United States District Judge.
According to the facts made public in the Information, in June 2016, Gjonaj believed he had discovered a guaranteed way to win huge jackpots in the Michigan Lottery Daily 3 and 4 games. To accomplish this he had to substantially increase the times he played and amounts he spent. In 2017, Gjonaj began losing more money than he won and more money than he could afford to lose. Rather than ending his gambling, Gjonaj devised a scheme to trick individuals into giving him money by falsely promising them he would invest it in lucrative real estate deals. In order to make the deals look legitimate, Gjonaj created a fake title company and instructed the victim-investors to wire transfer money into the bank account of the fake company.