Pro Football weekly

Comment | Print |

Former NFL kicker Erxleben charged with fraud

Related Stories

Saints re-sign Galette

Posted March 09, 2013 @ 1:31 p.m.

New Orleans Saints: 2013 team needs

Posted March 08, 2013 @ 6:16 p.m.

Chargers claim CB Patrick

Posted Feb. 20, 2013 @ 6:05 p.m.

Saints release TE Thomas, CB Patrick

Posted Feb. 19, 2013 @ 4:07 p.m.

Saints hire Rob Ryan as defensive coordinator

Posted Feb. 09, 2013 @ 10:50 a.m.

Ranking the NFL divisions for 2013

Posted Feb. 07, 2013 @ 4:06 p.m.

Williams gets reinstated, joins Titans' staff

Posted Feb. 07, 2013 @ 12:07 p.m.

In New Orleans, an unwelcome mat for Goodell

Posted Jan. 26, 2013 @ 2:36 p.m.

Saints fire Spagnuolo, Flajole

Posted Jan. 24, 2013 @ 6:39 p.m.
Posted Jan. 24, 2013 @ 3:24 p.m. ET

AUSTIN, Texas (AP) — Federal authorities say former NFL PK Russell Erxleben has been charged with running an illegal investment scheme that raised more than $2 million.

The U.S. attorney's office in Austin announced Erxleben's arrest Thursday. Erxleben is to appear before a federal magistrate judge in the afternoon.

The 56-year-old Erxleben faces counts of wire fraud, securities fraud and money laundering from 2005 to 2009.

According to the indictment, Erxleben lured investors into fraudulent ventures dealing in post-World War I German bonds and paintings by French artist Paul Gauguin.

Erxleben was sentenced in 1999 to federal prison for an investment scam that robbed investors of $36 million.

Erxleben also played at the University of Texas and holds the record for the longest field goal in UT history — 67 yards — in 1978.

Erxleben was selected by the Saints in the first round of the 1979 NFL draft.

 

©2013 by STATS LLC and Associated Press.
Any commercial use or distribution without the express written consent of STATS LLC and Associated Press is strictly prohibited.

Comments ()


ABOUT TRUST ONLINE