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Travis Kelce among athletes defrauded in Ponzi scheme
Kansas City Chiefs tight end Travis Kelce was identified as a victim in a $35 million Ponzi scheme run by Texas investment manager Siddharth Jawahar. Jawahar, who pled guilty to wire fraud, used most of the funds to finance personal luxuries, while investing only a portion in actual assets. He was sentenced to 11 years in prison and ordered to pay over $31 million in restitution.
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