AUSTIN (February 24, 2014) Former University of Texas All-American and NFL kicker and punter Russell Erxleben was sentenced to more than seven years in federal prison Monday for running an illegal investment scam that netted $2 million.
Erxleben scammed investors from 2005 to 2009 with fraudulent deals that promoted dealing in post-World War I German government bonds and a work of art purportedly by French painter Paul Gauguin, prosecutors said.
He also was sentenced to three years of supervised release and was ordered to pay restitution.
It will be Erxleben's second stint in federal prison.
He was sentenced in 1999 to seven years for a scam that cost investors $36 million.
Erxleben, 57, holds the Texas record for longest field goal at 67 yards.
He was a first-round draft pick by the New Orleans Saints in 1979.
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