David Akers claims Ponzi scheme cost him $3.7 million
San Francisco 49ers kicker David Akers sought a long-term contract from the Philadelphia Eagles before he departed.
The veteran was seeking some security because he’d been swindled out of savings in an investment disaster.
On Tuesday, Akers told a federal jury in Austin, Texas, that he lost $3.7 million in a Ponzi scheme with his money disappearing through Triton Financial and the company’s head Kurt Barton. Akers said he considered Barton a friend.
“I’ve had a lot of sleepless nights,” Akers said, according to the Austin American Statesman. “As I said, this is my family’s future. I said that to Kurt a lot of times. I said, ‘Man I’m trusting in you.’”
Prosecutors allege Barton built a $50 million Ponzi scheme. Barton’s lawyers claim he just made poor business decisions. The investments also sucked money from Sean Considine of the Carolina Panthers and Koy Detmer. All three played for the Eagles at the time.
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Brad Biggs covers the Bears for the Chicago Tribune