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John Elway Ripped Off In Ponzi Scheme

John Elway Ripped Off In Ponzi Scheme

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John Elway, hall of fame quarterback of the Denver Bronco’s, is one of the many investors who have been ripped off in a hedge fund scheme.
It has been heard that Elway lost $15 million, with a partner in the firm of Mueller Capital Management.
Mueller’s scam is alleged to have involved about 65 people since 2000, taking in $71 million. Some of these clients include Elway and Blaine Rollins, former Janus Capital Group manager.
On April 21, Sean Mueller sent out e-mails to his clients apologizing for some sort of misdeed. They were very crytptic and hard to understand. He said, ├óΓé¼┼ôsometimes life stresses overwhelm a person to the point where they can├óΓé¼Γäót go on, sorry for the damage,├óΓé¼┬¥ and ├óΓé¼┼ô[nobody] else had any involvement except me.├óΓé¼┬¥ hmmm…..
What to do?
According to his agent, John Elway is on his way to London to promote a product from Pepsi.
We guess he has to make up that $15 mil he lost somehow!
[Image via WENN.]

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Oct 18, 2010 15:30pm PDT

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