NFL

Ex-NFL kicker charged with fraud

Share This Story

   
 

AUSTIN, Texas (AP)

Former Texas All-American and NFL kicker and punter Russell Erxleben, who previously served a federal prison sentence for securities fraud, was arrested Thursday on new charges of running an illegal Ponzi investment scam that netted more than $2 million.

Arrests

TROUBLE WITH THE LAW

The 2013 offseason was a rough one for NFL players and the law. Take a look back at the players arrested before camp ever opened.

According to a federal indictment, the 56-year-old Erxleben scammed investors from 2005 to 2009 with fraudulent deals that promoted dealing in post-World War I German government bonds and a work of art purportedly by French painter Paul Gauguin.

According to the indictment, Erxleben used the investments to pay himself and previous investors. Erxleben was indicted on five counts of wire fraud, one count of securities fraud and two counts of money laundering. He faces up to 20 years in prison on each of the wire and securities fraud charges, and up to 10 years on the money laundering charge.

U.S. Magistrate Judge Mark Lane ordered Erxleben held in custody until his next court appearance Jan. 28. Erxleben requested a court-appointed attorney but told the court he may also seek to hire private counsel.

Erxleben was sentenced in 1999 to seven years in federal prison for an investment scam that robbed investors of $36 million. The latest indictment said Erxleben did not disclose that conviction or the fact his still owed $28 million in restitution, to his later investors.

Erxleben still holds the record for the longest field goal in UT history - 67 yards - in 1977, a mark that also stands as an NCAA record Erxleben shares with two others. He was a first-round draft pick by the New Orleans Saints in 1979.

Related Stories


NFL Videos

Best Person in Sports: Keenan Lewis Posted: Jul 15, 2014
Saints CB Keenan Lewis hosts a back-to-school event, giving children medical ser...

NFL Roundtable: New York Jets Posted: Jul 14, 2014
They're a team with plenty to prove and a roster of players primed to get it don...

NFL Roundtable: Detroit Lions Posted: Jul 11, 2014
A team with so many weapons, is this the season that the Lions put together and ...

More Than Sports on MSN

Fox Sports Store

    itemName itemURL imageSrc price itemDescription
    Nike New York Jets Just Do It T-Shirt - Green - http://shop.foxsports.com/FOX_New_York_Jets/browse/featuredproduct/800466/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_800000/ff_800466_xl.jpg&w=100 27.95 Nike New York Jets Just Do It T-Shirt - Green -
    Nike Pittsburgh Steelers Just Do It T-Shirt - Gold http://shop.foxsports.com/FOX_Pittsburgh_Steelers/browse/featuredproduct/800489/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_800000/ff_800489_xl.jpg&w=100 27.95 Nike Pittsburgh Steelers Just Do It T-Shirt - Gold
    Nike San Francisco 49ers Blockbuster T-Shirt - Scarlet http://shop.foxsports.com/FOX_San_Francisco_49ers/browse/featuredproduct/801102/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_801000/ff_801102_xl.jpg&w=100 27.95 Nike San Francisco 49ers Blockbuster T-Shirt - Scarlet
    Nike Calvin Johnson Detroit Lions Game Jersey - Light Blue http://shop.foxsports.com/FOX_Detroit_Lions/browse/featuredproduct/825450/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_825000/ff_825450_xl.jpg&w=100 99.95 Nike Calvin Johnson Detroit Lions Game Jersey - Light Blue
    Nike Rob Gronkowski New England Patriots Game Jersey - Navy Blue http://shop.foxsports.com/FOX_New_England_Patriots/browse/featuredproduct/825465/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_825000/ff_825465_xl.jpg&w=100 99.95 Nike Rob Gronkowski New England Patriots Game Jersey - Navy Blue
    Nike Eli Manning New York Giants Womens Game Jersey - Royal Blue http://shop.foxsports.com/FOX_New_York_Giants/browse/featuredproduct/830781/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_830000/ff_830781_xl.jpg&w=100 94.95 Nike Eli Manning New York Giants Womens Game Jersey - Royal Blue
    Nike Peyton Manning Denver Broncos Game Jersey - Orange http://shop.foxsports.com/FOX_Denver_Broncos/browse/featuredproduct/845755/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_845000/ff_845755_xl.jpg&w=100 99.95 Nike Peyton Manning Denver Broncos Game Jersey - Orange
    Nike Justin Blackmon Jacksonville Jaguars Draft Game Jersey - Teal http://shop.foxsports.com/FOX_Jacksonville_Jaguars/browse/featuredproduct/851602/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_851000/ff_851602_xl.jpg&w=100 49.99 Nike Justin Blackmon Jacksonville Jaguars Draft Game Jersey - Teal
    New Era Green Bay Packers On-Field Performance 59FIFTY Fitted Hat - Green http://shop.foxsports.com/FOX_Green_Bay_Packers/browse/featuredproduct/853845/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_853000/ff_853845_xl.jpg&w=100 34.95 New Era Green Bay Packers On-Field Performance 59FIFTY Fitted Hat - Green
    New Era New Orleans Saints On-Field Performance 59FIFTY Fitted Hat - Black http://shop.foxsports.com/FOX_New_Orleans_Saints/browse/featuredproduct/853852/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_853000/ff_853852_xl.jpg&w=100 34.95 New Era New Orleans Saints On-Field Performance 59FIFTY Fitted Hat - Black