Ex-adviser to Michael Vick could be tossed in jail
Mary Wong admits to stealing more than $3M from Vick, other NFL players; facing possible prison time
A former financial adviser to Michael Vick and several other NFL players has pleaded guilty to stealing more than $3 million from the players in a Ponzi scheme.
U.S. Attorney Deborah Gilg said Mary Wong of Omaha pleaded guilty to securities fraud on Monday. She was charged last summer.
Prosecutors say Wong worked out of her Omaha home and purported to sell investments in luxury properties in Arizona, Tennessee and Michigan along with private jets and other investments. Prosecutors say many of the investments never existed. Instead, they said, Wong used the money to support her other businesses and a lavish lifestyle.
Court documents show that that Mr. Vick believes he gave about $550,000 to Ms. Wong. Mr. Vick’s attorneys said the controversial NFL quarterback gave Ms. Wong a general power of attorney so she could manage his assets while he was serving time in federal prison for running an illegal dogfighting ring.
Ms. Wong is scheduled to be sentenced on Dec. 20. She faces up to 20 years in prison and a fine of up to $1 million.
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