Former NFL kicker Erxleben charged with fraud

AUSTIN, Texas (AP) -- Former Texas All-American and NFL kicker and punter Russell Erxleben, who previously served a federal prison sentence for securities fraud, was arrested Thursday on new charges of running an illegal Ponzi investment scam that netted more than $ 2 million.

According to a federal indictment, the 56-year-old Erxleben scammed investors from 2005 to 2009 with fraudulent deals that promoted dealing in post-World War I German government bonds and a work of art purportedly by French painter Paul Gauguin.

According to the indictment, Erxleben used the investments to pay himself and previous investors. Erxleben was indicted on five counts of wire fraud, one count of securities fraud and two counts of money laundering. He faces up to 20 years in prison on each of the wire and securities fraud charges, and up to 10 years on the money laundering charge.

U.S. Magistrate Judge Mark Lane ordered Erxleben held in custody until his next court appearance Jan. 28. Erxleben requested a court-appointed attorney but told the court he may also seek to hire private counsel.

Erxleben was sentenced in 1999 to seven years in federal prison for an investment scam that robbed investors of $ 36 million. The latest indictment said Erxleben did not disclose that conviction or the fact his still owed $ 28 million in restitution, to his later investors.

Erxleben still holds the record for the longest field goal in UT history - 67 yards - in 1977, a mark that also stands as an NCAA record Erxleben shares with two others. He was a first-round draft pick by the New Orleans Saints in 1979.

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Episode 238

Yuvraj asks Pavitra to sit with him for breakfast, but she mocks at him about her being only a courtesan and how wrong she was in assuming that everything that belonged to him was hers as well. Later, Kajri assures Rasilibai that Yuvraj would transfer his inheritance to her name by midnight! Karan presents Suryakant with his company's first tender amount! Suryakant is overwhelmed. Meanwhile, when Yuvraj returns home, Pavitra gets ready to leave the house, so he promises never to stop her from doing anything. However, Pavitra says that she does not trust him anymore after being insulted and taunted. Yuvraj then summons a lawyer and says that he wants to transfer Garodia Niwas in Pavitra's name. Kajri and Rasilibai smile triumphantly, whereas Kshitij comes home just then to get some papers signed. Kshitij realises that it will be futile to ask Yuvraj not to transfer the home in Pavitra's name. Kshitij informs everyone at home about Yuvraj's plan. They are shocked and decide that they must do something to stop Yuvraj. Karan's man tells Karan that if Suryakant's company does not get registered, then Suryakant will turn bankrupt and be swindled for fraud in his own company. Meanwhile, Rasilibai praises Kajri for her brilliant plan. Kajri tells him that once the house will belong to her, she would throw Yuvraj out of the house!

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