Ex-NFL cornerback Will Allen accused by SEC with running Ponzi scheme

April 7, 2015 6:45 PM

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Former NFL cornerback Will Allen has been accused by the Securities and Exchange Commission with operating a Ponzi scheme.

A civil fraud complaint filed by the SEC alleges Allen and his business partner Susan Daub raised $32 million starting in 2012 with the promise that the money would be lent to professional athletes.

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