Thursday, April 15, 2010

Michigan Indoor Football Team Co-Owner Accused Of Embezzling $125K

Michael H. Johnson, 29, of Dundee, Michigan, has been charged with embezzling some $125,000 from the Kalamazoo Xplosion and the Saginaw Sting indoor football teams, for which he is a co-owner. The teams are part of the Continental Indoor Football League. Johnson is charged with two counts of embezzling jointly owned property of $20,000 or more, one count of embezzling jointly owned property of more than $1,000 but less than $20,000, and issuing a bad check of more than $500. The Xplosion reportedly dissolved after players claimed they were not getting paid.

Read the story here, here and here.

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