Tuesday, August 25, 2009

NFL: Adviser Busted for Ponzi Scheme

Bernie Madoff's got some antagonism -- in the NFL.

Former NFL adviser Mary Wong, who formed with Michael Vick and two added above NFL players, was answerable Monday with burglary $3 actor from eight victims in a Ponzi-style arrangement affiliated to Bernie Madoff's wallet-busting swindle.

Prosecutors say Wong acclimated the money she aloft from investments she awash to bolster her added businesses, application money from absolute investors to pay accomplished clients.

Wong has aswell formed with Demorrio Williams of the Kansas City Chiefs and accompanying brothers Josh Bullocks and Daniel Bullocks of the Chicago Bears and Detroit Lions, respectively.

Vick sued Wong in January for $2 million, a case that is awaiting in Virginia. Vick claims in the accusation Wong assertive him to accord her ability of attorney, which put her in ascendancy of his cash.

Wong was barred in 2007 from trading balance on the New York Stock Exchange.

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