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Russell Erxleben charged with fraud

Updated: January 24, 2013, 8:39 PM ET
Associated Press

AUSTIN, Texas -- Former Texas All-American and NFL kicker and punter Russell Erxleben, who previously served a federal prison sentence for securities fraud, was arrested Thursday on new charges of running an illegal Ponzi investment scam that netted more than $2 million.

According to a federal indictment, the 56-year-old Erxleben scammed investors from 2005-09 with fraudulent deals that promoted dealing in post-World War I German government bonds and a work of art purportedly by French ...

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