Texas wouldn’t be the same without football. It is who we are; football is simply a way of life for many of us. This doesn’t mean, however, that the players, both professional and college, are outside the ramifications of the law. On the contrary, it seems we see plenty players making the news for more than just their sacks and touchdowns.
Most recently, former Cowboy Michael Kiselak, was charged with defrauding both friends and family into investing several million dollars. After the lights on the field go out players are left trying to maintain their NFL lifestyle; this one may have ultimately failed.
Kiselak led investors to believe their money was going towards Treasury bills. Instead, as this WFAA report claims, the money was being invested in Kiselaks own “capital investments.” He purchased a personal jet and vineyards with their money.
Now, the Securities and Trade Commission claims over $7 million in investor funds is missing and Kiselak is to blame. These are serious charges and not very common either. More common state level fraud charges are brought against regular people everyday.
You don’t have to defraud someone out of millions to face serious consequences. Charges like check forgery and credit card fraud are considered white collar crimes as well and can potentially change your life.
What seems like easy money is often too good to be true. People like Kiselak often commit these offenses because they feel they won’t get caught or they are above the law.
When you are caught in a fraudulent act, however, there is no going back. If you are up against any sort of fraud charges in the Texas courts, you should have an experienced local attorney going to bat for you.
Whether it is identity theft or credit fraud that the prosecutor has charged you with, the outcome might not be good. Call our attorneys today so we can get to work on developing a strategic defense plan specifically for your case.