Fugitive Couple Arraigned in Real Estate Scheme

By: The Associated Press
By: The Associated Press

WOODHAVEN, Mich. (AP) -- A Michigan couple arrested last month after fleeing the state in April have been arraigned on racketeering and obtaining money under false pretenses charges.

Authorities say 62-year-old Richard Gosselin and 58-year-old Rita Gosselin of Grosse Ile were part of a "massive real estate Ponzi scheme."

Michigan Attorney General Mike Cox said Tuesday in a release that the Gosselins each were given a bond of $3.5 million.

A preliminary examination was set for Nov. 23.

Rita Gosselin also was charged in December. Authorities say she cut a court-ordered tether device in April and left Michigan with her husband. They were caught Oct. 29 in Tennessee.

Cox says the real estate scheme may have bilked up to 20 people out of $500,000.

The couple want a court-appointed lawyer.

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