Michigan Real Estate Broker Jailed Four Years in Lottery Scheme

Submitted by Jagajeet Chiba on

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Jagajeet Chiba

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Michigan Real Estate Broker Jailed Four Years in Lottery Scheme

A man addicted to the Michigan Lottery was sentenced to more than four years for gambling away over $23 million in investors funds.

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Viktor Gjonaj, a prominent real estate broker out of Troy, told people that he was plowing their money into real estate deals. Instead, he was playing the Daily 3 and Daily 4 games — more than $1 million a week by 2019.

Among the allegations contained in the complaint, Gjonaj claimed he had a surefire way to win big jackpots.

Instead, Gjonaj “wound up with nothing other than a federal felony conviction," defense attorney Steve Fishman said in a court filing.

U.S. District Judge Linda Parker sentenced him to 53 months in federal prison.

- Jagajeet Chiba, Gambling911.com

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