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NFL Quarterback John Elway Victim of Ponzi Scheme

By Marc J. Bern - Last updated: Saturday, October 16, 2010

John Elway, former NFL quarterback for the Denver Broncos, has lost millions of dollars in an investment that turned out to be a Ponzi scheme. Elway and his business partner Mitch Pierce invested $15 million in March 2010 with hedge fund manager Sean Mueller in what the Denver District Attorney Mitch Morrissey alleges was a [...]