News and Press Releases

Georgia Man Sentenced To 15 Years For $94 Million Fraud

November 23 , 2011

Orlando, Florida - U.S. Attorney Robert E. O'Neill announces that Chief U.S. District Judge Anne C. Conway today sentenced Michael Frank Burgess (69, Alpharetta, Georgia) to 15 years in federal prison for conspiracy to commit wire fraud and money laundering. The court also ordered Burgess to serve 3 years on supervised release and pay over $94 million in restitution to his victims. Burgess pled guilty on May 4, 2011. 

According to court documents, Burgess was the manager of Prosperity International (Prosperity), a company that claimed to be in the business of development and funding for large real estate projects. Prosperity claimed years of experience in both the domestic and international markets. The company’s  web-site boasted many successful projects in which it had secured millions of dollars of funding. Those representations were not true. Relying on those misrepresentations and others, victims provided Burgess with millions of dollars in fees to obtain funding for their projects.  He did not obtain funding for any of the victims’ projects.

This case was investigated by the United States Secret Service and the Internal Revenue Service Criminal Investigation Division.  It was prosecuted by Assistant United States Attorney Roger B. Handberg.









Return to Top

USAO Homepage
Justice 101
The Attorney General's Smart On Crime Initiative
Victim Witness Assistance

Making sure that victims of federal crimes are treated with compassion, fairness and respect.

VICTIM INFORMATION on the following cases:

EMG - Evolution Marketing Group


Law Enforcement Coordinating Committee

Training and seminars for Federal, State, and Local Law Enforcement Agencies.