BUFFALO, N.Y. – A detention hearing is scheduled this week for a former western New York businessman extradited from Vietnam to face charges that he stole millions of dollars from investors.
Federal prosecutors in Buffalo say 29-year-old Michael Wilson has been arraigned on wire fraud, money laundering and conspiracy charges. He's being held pending Thursday's hearing.
Wilson, a dual citizen of the U.S. and Canada, was named in a 47-count indictment six years ago this month. Prosecutors say he used bogus investment companies to defraud investors out of millions of dollars he spent personal items, including a multi-million-dollar home outside Buffalo and luxury vehicles.
Wilson fled to Canada, then to Vietnam with his wife and mother. He was arrested there in June and detained before being sent back to the U.S. recently.
It couldn't be determined if he has a lawyer.
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