Ex-Adviser to Athletes Pleads Guilty to $3M fraud

By: Associated Press
By: Associated Press
Michael Vick

Michael Vick

A former financial adviser to Michael Vick and several other NFL players has pleaded guilty to stealing more than $3 million from the players in a Ponzi scheme.

U.S. Attorney Deborah Gilg said Mary Wong of Omaha pleaded guilty to securities fraud on Monday. She was charged last summer.

Prosecutors say Wong worked out of her Omaha home and purported
to sell investments in luxury properties in Arizona, Tennessee and
Michigan along with private jets and other investments. Prosecutors
say many of the investments never existed. Instead, they said, Wong
used the money to support her other businesses and a lavish

Wong is scheduled to be sentenced on Dec. 20. She faces up to 20
years in prison and a fine of up to $1 million.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLN-TV Call: (402) 467-4321 Toll-free: 1-800-475-1011 840 North 40th Lincoln, NE 68503 Email: info@1011now.com KGIN-TV Call: (308) 382-6100 123 N Locust Street Grand Island, NE 68802 Email: kgin@1011now.com KSNB-TV Toll free 888-475-1011 123 N. Locust St. Grand Island, NE 68802 Email : ksnb@1011now.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 103976219