When a former teammate recommended to Atlanta Falcons superstar Michael Vick, (inset, right) that he hire Mary Wong to act as his business manager, he jumped at the opportunity. After all, the former teammate, Demorrio Williams (inset, left), had become Wong's business partner, along with two other NFL players, brothers Josh and Daniel Bullocks. But that was before Wong was indicted for allegedly stealing $3 million from eight of her clients in a Ponzi scheme.
Wong, who had been permanently barred from trading securities in 2007, told clients she was investing their money in real estate, Gallup bonds and other vehicles, promising returns of at least 8 percent.
In 2009, Vick sued Wong for more than $2 million, alleging she transferred funds from his bank accounts, sold his Georgia income tax credits and transferred money from his pension fund that could have led to financial penalties.
Wong pleaded guilty in September, 2010, to securities, wire and mail fraud. She was sentenced in December to five years, three months in federal prison and ordered to pay $3 million in restitution.