Action 9 investigations lead to prison time for women

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ORLANDO,Fla. - There are two big developments in Action 9 investigations that uncovered hundreds of fraud victims. One woman has been sent to prison for selling phony grants. And another woman is now behind bars for peddling insurance investments the state called a ponzi scheme.

Action 9's Todd Ulrich confronted Nanci Hubsch in 2008.

"Do you have anything to do with HUD?" Ulrich asked Hubsch.

"Get out of here." Hubsch said.

Hubsch did not answer Ulrich's questions about her foreclosure rescue and insurance companies.

Hubsch was sentenced to 15 years in state prison for failing to pay restitution to victims of her insurance investments. State investigators called the investment plan a ponzi scheme.

Debbie Via said she lost more than $100,000.

"How could she have done this?" Via said.

Hubsch was first sentenced to probation only, but when a judge found she failed to make any restitution payments, that triggered prison time.

In another Action 9 investigation, many families said Michelle Irma Jackson promised them government grants for a fee and then never delivered the money.

Jackson owned IM Credit Solutions and Grants.

Action 9 first confronted her in 2011.

"Where's (the money) coming from?" Ulrich asked.

"Grants," Jackson said.

"Where?" Ulrich asked.

"Grant money," Jackson replied.

"But where is it coming from?" Ulrich asked.

"U.S. government," said Jackson.

Inside a south Orlando office building, state investigators said at least 2,000 people paid Jackson fees for government grants and lost more than $300,000.

Just this month, a judge sentenced Jackson to 15 years in state prison for organized fraud. She had pleaded no contest to 30 counts of fraud in December, then attempted to change her plea and failed. Jackson was also ordered to pay restitution. Victims had paid $300 to $1,200 in fees.

Michelle Jackson has filed an appeal in her case. Her victims and the people conned by Nanci Hubsch have won court judgments to collect restitution. But many times restitution is impossible to collect.