Fmr. Dolphins’ Player Charged With Running Ponzi Scheme

April 7, 2015 8:01 PM

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MIAMI (CBSMiami) — The Securities and Exchange Commission (SEC) charged a former Miami Dolphins’ player with helping orchestrate a $32 million scheme that targeted both athletes and investors.

Will Allen, 36, played 11 seasons in the National Football League (NFL) under teams like the Miami Dolphins, New York Giants, and the New England Patriots. He retired in 2012. Around that same time, the SEC said he started up a number of businesses with a financial adviser.

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