Former Texas kicker Erxleben charged with fraud - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

Former Texas kicker Erxleben charged with fraud

AUSTIN, Texas (AP) - Federal authorities say former Texas and NFL kicker Russell Erxleben has been arrested and charged with running an illegal investment scheme that raised more than $2 million.

Erxleben's arrest was announced Thursday by the U.S. Attorney's office in Austin. Erxleben is to appear before a federal magistrate judge Thursday afternoon.

The 56-year-old Erxleben faces several counts of wire fraud, securities fraud and money laundering from 2005 to 2009. According to the indictment, Erxleben lured investors into fraudulent ventures dealing in post-WW I German government bonds and the paintings of French artist Paul Gauguin.

Erxleben was sentenced in 1999 to federal prison for running an investment scam that robbed investors of $36 million.

He holds the record for the longest field goal in UT history - 67 yards - in 1978.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

News Channel 25 KXXV-TV
P.O. Box 2522
Waco, TX 76702

Phone Numbers:
Main: 254-754-2525
Tip Line: 254-757-2525

Links
Contact Us
KXXV Employment Opportunites
FCC Filings
Advertise on KXXV

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KXXV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.