Ex-Cowboy linebacker arrested in mortgage scam

by AP

Posted: 09.03.2009 at 1:22 PM

DALLAS (AP) — Federal officials say former Dallas Cowboys linebacker Eugene Lockhart has been arrested as part of a mortgage fraud investigation.

He is expected to appear in court in Dallas later Thursday.

Lockhart, 48, and eight others are charged with conspiracy, bank fraud, wire fraud and other crimes.

The FBI says Lockhart and the others made 54 fraudulent loan closings that totaled more than $20 million. It says the alleged scheme involved obtaining loans to buy distressed or pre-forclosure properties at inflated prices.

Lockhart played for the Cowboys from 1984-1990 and New England in 1991-92. He recorded 16 career quarterback sacks and made six interceptions, returning one for a touchdown.

An FBI spokesman says Lockhart doesn't have an attorney yet.

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