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North Carolina Businessman Pleads Guilty to Misappropriating Approximately $2.9 Million in Funds from NFL Players

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Failed to Report More Than $1.4 Million in Embezzled Funds on Tax Returns

NORTH CAROLINA–(ENEWSPF)–October 31, 2016. A North Carolina businessman, who provided financial services to professional athletes, pleaded guilty today to wire fraud and filing a false 2011 income tax return, announced Principal Deputy Assistant Attorney General Caroline D. Ciraolo, head of the Justice Department’s Tax Division, and U.S. Attorney Ripley Rand for the Middle District of North Carolina.

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Michael Rowan, 46, a resident…

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