Ex-NFL player going to jail for defrauding investors
Published: May 2,2012
JACKSON — Former NFL football player Jeffrey Walker is going to prison for defrauding investors in four states of more than $2 million in what prosecutors say was a land development scheme involving property in China.
A federal judge sentenced Walker to 45 months for wire fraud and 36 months for tax evasion. The sentences will run at the same time. Walker must pay $2.045 million in restitution to investors.
Walker pleaded guilty in October to wire fraud and tax evasion involving a planned resort in China. Prosecutors say he used investors’ money for personal items including a luxury van and a boat.
FBI and IRS officials say investors in Mississippi, Tennessee, Florida and Arizona made interstate bank wire transfers to one of his companies. One sent a $200,000 check.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- The Dan Jones-IHL saga: Is this the story that started it all?
- DAVID DALLAS — From Dan and Dixie with love
- Email from Nash to Delta Council’s Morgan included in DHA court file
- Dan Jones rejects IHL offer, won't publicly apologize
- Delta Health Alliance CEO Karen Fox under investigation for possible misuse of funds
- BREAKING NEWS: Trustees offer new deal to Ole Miss chancellor Dan Jones
- Suit against Kemper employee Brett Wingo is dismissed
- Ole Miss chancellor: Talks continue over job status
- Man charged in noose left on integration statue at Ole Miss