Skip to Content
AP National Business

Pro football investor pleads guilty in cryptocurrency scheme

KION
By
Published 4:33 PM

NEW YORK (AP) — A businessman who was one of the early investors in a failed professional football league called the Alliance of American Football has pleaded guilty to charges accusing him in $600 million cryptocurrency scheme. Reginald Fowler was charged with bank fraud, wire fraud and other offenses that prosecutors say contributed to the AAF’s quick demise. The guilty plea on Monday comes at a time when other fledgling leagues are competing to loosen the NFL’s grip on pro football. Fowler’s lawyer credited him for taking “full responsibility” for the fraud.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

Related Articles

BE PART OF THE CONVERSATION

KION 46 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content