Former NFL CB Will Allen sentenced to six years in prison for Ponzi scheme

Former NFL defensive back Will Allen was sentenced to six years in prison Wednesday for his role in a Ponzi scheme, reports Law360.

The $37 million Ponzi scheme targeted investors with fake loans to pro athletes. Allen plead guilty to four counts of wire fraud out of 23 charges levied against him a few months ago (more on that here).

Several athletes reportedly invested in the scheme, though they were not named in the case.

Allen played in the league from 2001-2012 with the New York Giants, Miami Dolphins and New England Patriots. He is estimated to have earned $26.1 million over his career.

The former defensive back was a first-round pick of the Giants out of Syracuse. He recorded over 500 tackles and 15 interceptions during his lengthy career.