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11:35 AM Thu, Sep 03, 2009 | Permalink | Yahoo! Buzz
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Former Dallas Cowboys linebacker Eugene Lockhart was arrested by FBI agents at his Carrollton home Thursday morning after being indicted on mortgage fraud charges, nbcdfw.com has reported.
According to nbcdfw.com:
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Former Dallas Cowboys linebacker Eugene Lockhart was arrested by FBI agents at his Carrollton home Thursday morning after being indicted on mortgage fraud charges, nbcdfw.com has reported.
According to nbcdfw.com:
Eight others were also indicted in the alleged scheme involving "straw purchasers" and "straw buyers" of houses, said FBI spokesman Mark White. An alleged co-conspirator, Lendell Beacham, of Desoto, was also arrested. "It's been a long-term investigation," White said. He described the amount of fraud as "pretty substantial." Lockhart and Beacham were scheduled to appear before a federal magistrate at 1 p.m. If convicted, they could face up to 30 years in prison and a $1 million fine.
Lockhart joined the Cowboys in 1984 and played for seven seasons before he was traded to the New England Patriots in 1991, where he played his final two years of professional football.
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