Pro Athletes and Ponzi Schemes: A Disturbing Pattern Emerges The recent news that Kansas City Chiefs tight end Travis Kelce was named as a victim in a multi million dollar Ponzi scheme case is disturbing, but not surprising.
It's a stark reminder of the darker side of high stakes investing and the allure of get rich quick schemes.
Ponzi schemes have long plagued unsuspecting investors, but professional athletes seem particularly vulnerable to these types of scams. The involvement of prominent athletes like Gary Harris and Tim Hardaway Jr.