CLEVELAND, Oh. — An Ohio man accused of running a horse racing scheme that bilked four NFL players out of more than $300,000 has been charged with wire fraud and money laundering.
Cleveland.com reports 29-year-old Jonathan Pippin was charged Wednesday in federal court in Cleveland. Prosecutors say he persuaded the players to give him money to invest in racing horses.
Investigators say the Logan man used the cash for personal expenses and some operating expenses.
Court filings identify the players by first names and initials. Pippin attorney Carlos Warner says they are former Cleveland Browns players Chansi Stuckey and Reggie Hodges, former Browns and current Denver Broncos wide receiver Jordan Norwood and current San Diego Chargers running back Danny Woodhead.
Warner says his client is remorseful and has agreed to plead guilty.