October 22, 2010

John Elway victim of alleged Ponzi scheme

Former Denver Broncos quarterback John Elway is used to seeing his name in the headlines. Unfortunately for the nine-time All-Pro, since his retirement in 1999, those headlines have been more and more about bad investments made on his behalf.

Most recently, Elway has been ensnared in what officials are calling a Ponzi scheme allegedly perpetrated by Sean Mueller of Greenwood Village. Mueller Capital Management took $15 million from Elway and approximately $71 million from a total of 65 investors since 2000, according to an affidavit filed by the Denver District Attorney. Other documents that Colorado’s…

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