SEC says Peavy, Sanchez among athletes defrauded in scheme (Yahoo Sports)

[ASFN Admin]

You must be registered for see images

HOUSTON (AP) -- Federal investigators say various professional athletes, including San Francisco Giants pitcher Jake Peavy and Denver Broncos quarterback Mark Sanchez, were cheated out of at least $30 million in a Ponzi-like scheme run by their investment adviser.

Continue reading...