Eight months after confessing to embezzling millions of dollars from the Clarkston Brandon Community Credit Union, Michael LaJoice has pleaded guilty to one count of bank fraud.

Reports say the plea deal could mean 10 to 30 years behind bars. The 37-year old is scheduled to be sentenced in March.

LaJoice, the philanthropic owner of Chasse Ballroom in Fenton, surrendered in Oakland County, after auditors questioned him about missing funds at the credit union.

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