Hall of Fame quarterback John Elway and a business partner invested $15 million with a hedge-fund manager who was recently arrested for running a Ponzi scheme.
The Denver Post reported that the two invested $15 million with Sean Mueller in March with the understanding that the money would be placed in a trust until a final decision was made about where it would be invested.
About 65 people had invested $71 million with Mueller over the past decade. Yet in April, Mueller only had $9.5 million, according to a state investigator. He turned himself in to authorities on Wednesday on charges of racketeering, securities fraud and theft, and is being held in prison on $2 million bond.
Elway and his partner have asked that their claim be processed ahead of any other investors' because their $15 million was supposed to be placed in a trust, not pooled with the money of the rest of the hedge fund. According to an April filing, $12 million of Elway's money was placed into a Morgan Stanley trust account, as expected. The other $3 million has gone missing.
Well, well, well...what do we have here? To our readers out there, let this be a lesson...karma always fucking gets you. Even if it's 12 years later and goes by the name of Sean Mueller the hedge-fund manager. You think you could get away with beating our beloved Jets in the AFC Championship game and nothing would happen? Wrong bitch...and now you pay to the tune of 3 million dollars and public embarrassment for being stupid enough to invest with a hedge-fund manager. Were you living under a rock for that whole Bernie Madoff incident? Oh and by the way John, that was our year, congrats on getting lucky with 6 Jets turnovers. I hope you've learned your lesson.
P.S.- Big ups to my boy Sean Mueller for rockin a cool 3 millie from this little Elway bitch. Guaranteed you look in this Mueller guys closet you'll find an old #28 Curtis Martin jersey.
P.P.S.- Wipe that smile off your face you fucking bitch.
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