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"The Glide" Austin allegedly part of scheme

Updated: June 9, 2003, 12:32 AM ET
Associated Press

RICHMOND, Va. -- Former North Carolina State and Harlem Globetrotters player Clyde "The Glide" Austin was one of four men charged with mail fraud, wire fraud and money laundering, accused of bilking investors out of more than $10 million.

Austin was being held in a North Las Vegas jail Sunday. A detention hearing is scheduled for Wednesday. The four men were named in an indictment announced Friday by the U.S. Attorney's office in Richmond. According to the indictment, the men promoted an ...

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