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Money Players

Number 21387
Subject Sports
Source U.S. News & World Report
State None
Year 2002
Publication Date February 11
Summary This story deals with NFL players paying a hefty price for allowing people to manage their money. U.S. News examined more than 20 investment deals involving current and former NFL players and found many victims. In exclusive interviews with the magazine, the players described how they were allegedly defrauded. An example includes Buffalo Bills cornerback Antoine Winfield, who was bilked of $1.35 million by a close friend and financial adviser. Other examples illuminate the sometimes tawdry world of player recruitment.
Category General
Pages 7
Keywords investment adviser;Tampa Bay Buccaneers;NFL players;Securities and Exchange Commission;investment deals;defraud;Buffalo Bills;Donald Lukens;player recruitment;FBI;money laundering;National Football League Players Association;Cincinnati Bengals;Los Angeles Rams;Carolina Panthers;St. Louis Rams;Baltimore Ravens;San Diego Chargers;Global Sports and Entertainment;Denver Broncos;National Association of Securities Dealers
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