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Former Vikings tight end indicted in Ponzi scheme

AP

Another week, another former NFL player has been accused of running a Ponzi scheme.

Last week, it was former first-round pick and defensive back Will Allen (not to be confused with recently-re-signed Steelers safety Will Allen).  This week, it’s former Vikings tight end Stu Voight.  (Not to be confused with noted LeBaron owner John Voight.)

Via the Associated Press, Voight and Jeffrey Gardner promised investors a return between 10 and 20 percent.  When the underlying business, Hennessy Financial, began to fail, Voight and Gardner “created new companies, opened bank accounts in the names of new companies, transferred funds from Hennessey accounts and took other steps to hide income and assets from investors, creditors and the government.