SEC Charges Former N.Y. Giants Player With Fraud

April 7, 2015 4:40 PM

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SEC Charges Former N.Y. Giants Player With Fraud

William D. Allen, business partner accused of operating Ponzi scheme

WASHINGTON—A Boston federal judge froze assets of former National Football League cornerback Will Allen, after the U.S. securities regulator charged him and a business partner with operating a Ponzi scheme that purported to loan money to professional athletes.

Also read: Former pro hockey player convicted in murder of wife in upstate New York home sentenced to life in prison without parole

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