Terrell Davis, please help John Elway. Again.

[TimC]

First, smack those homotastic glasses off his head. Second, find his $15 million like you found his 2 Super Bowl trophies.

 

 

 

 

 

 

 

 

Hall of Fame quarterback John Elway and a business partner invested $15 million with a hedge-fund manager who was recently arrested for running a Ponzi scheme.

 

The Denver Post reported that the two invested $15 million with Sean Mueller in March with the understanding that the money would be placed in a trust until a final decision was made about where it would be invested.

 

About 65 people had invested $71 million with Mueller over the past decade. Yet in April, Mueller only had $9.5 million, according to a state investigator. He turned himself in to authorities on Wednesday on charges of racketeering, securities fraud and theft, and is being held in prison on $2 million bond.

 

Elway and his partner have asked that their claim be processed ahead of any other investors' because their $15 million was supposed to be placed in a trust, not pooled with the money of the rest of the hedge fund. According to an April filing, $12 million of Elway's money was placed into a Morgan Stanley trust account, as expected. The other $3 million has gone missing.

 

Since retiring from football, Elway's personal life has veered toward the tragic. His father died of a heart attack, his twin sister passed away due to cancer and his wife left him all in a span of 15 months.

[redrumjuice]

He's a horse faced car salesman, what do you expect?

[Cameltosis]

On a related note, Ernest Byner was on his way to invest $10mil of his own money but he dropped it at the office doorstep.

[moneymakers]

Bummer

[BeeR]

Elway's personal life has veered toward the tragic. His father died of a heart attack, his twin sister passed away due to cancer and his wife left him all in a span of 15 months.

Not a fan but ripping on him after all that is serious Loserville territory, even for this place.