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Eugene Lockhart, Former Dallas Cowboy, Arrested By FBI

By Tiffanie on
Eugene Lockhart, a 48-year-old  former Dallas Cowboy linebacker, was arrested the FBI today for mortgage fraud. Lockhart was arrested in connection to a larger scheme involving conspiracy, bank fraud, and wire fraud. Lockhart and eight others allegedly created surplus loan proceeds by inflating the sales price of homes in the Dallas area to an amount higher than the fair market value of the residence. The result was the funding of $20.5 million in fraudulant loans. According to dallasnews...Read Full Story