Richard Rufus (centre) used to play for Charlton Athletic in the English Premier League. Photo / Getty
A former Premier League football player has been handed a 7½-year prison sentence for defrauding his family and friends of 15 million pounds (NZ$28.6m).
Richard Rufus, who played in England’s top division with Charlton Athletic from 1998-2004 and also was an England under-21 international, claimed he was a successful foreign
exchange trader and convinced his victims to invest in what he said was a “low-risk” scheme with promises of returns of 60 per cent a year.
Rufus, 47, was found guilty at Southwark Crown Court of fraud, money laundering and carrying out a regulated activity without authorisation.
Prosecutors found that Rufus used some of the money invested to pay back others in a pyramid scheme and the rest of the cash to “maintain a lifestyle of an elite professional footballer.”
“Rufus acted in a selfish manner without any concern for his victims,” said Roger Makanjuola of the Crown Prosecution Service.