“Financial Advisor” Ordered to Prison after Defrauding Professional Athletes Out of Millions – IOTW Report

“Financial Advisor” Ordered to Prison after Defrauding Professional Athletes Out of Millions

Breaking 911: HOUSTON – A woman claiming to be a financial advisor and money manager has received that statutory maximum for defrauding former NBA players Travis Best and Dennis Rodman and NFL football players Ricky Williams and Lex Hilliard out of millions, announced U.S. Attorney Ryan K. Patrick. Peggy Ann Fulford, 60, formerly of Houston and New Orleans, pleaded guilty Feb. 1, 2018, to one count of interstate transportation of stolen property.

Today, U.S. District Judge Keith P. Ellison handed Fulford a 120-month prison sentence to be immediately followed by three years of supervised release. She was further ordered to pay $5,794,870 in restitution to the victims.

At the hearing, the court heard from Kristin Williams, former wife of Heisman trophy winner Ricky Williams, and Rebekah Hilliard, wife of former NFL player Lex Hilliard, who detailed how Fulford’s theft had devastated them and their families financially. During the hearing, Judge Ellison asked Kristin Williams how much of Ricky Williams’ NFL money Fulford got, to which she replied “All of it.”

While on bond in this case and after pleading guilty, Fulford had used the name “Peggy Jones.” During the hearing today, a New Orleans-area man provided additional testimony describing how Fulford, whom he knew as Jones, recently swindled him out of $25,000 to invest in a bogus medical company in Arizona.

In handing down the sentence, the court overruled all defense objections and gave Fulford the statutory maximum sentence of 120 months.

Fulford has also been known to use several aliases, including Peggy King, Peggy Williams, Peggy Simpson, Peggy Rivers, Peggy Barard, Devon Cole and Devon Barard.  more here

16 Comments on “Financial Advisor” Ordered to Prison after Defrauding Professional Athletes Out of Millions

  1. Stupid is as stupid does.

    I have no…NONE…sympathy for professional athletes that give somebody the keys to the ‘house’ and then whine when they find the furniture and drapes are gone.

    8
  2. “former wife of Heisman trophy winner Ricky Williams, and Rebekah Hilliard, wife of former NFL player Lex Hilliard, who detailed how Fulford’s theft had devastated them and their families financially.”

    Translated to mean “Fulford got the money before I did, she got to live high on the hog while I only got to live somewhat high on the hog!”

    5

Comments are closed.