NEW YORK -- A former part owner of the Minnesota Vikings who defrauded a short-lived professional football league known as the Alliance of American Football in a $700 million cryptocurrency scam was sentenced Monday to over six years in prison.
Reginald Fowler, 64, of Chandler, Arizona, was sentenced in Manhattan federal court to six years and three months in prison and was ordered to forfeit $740 million and pay restitution of $53 million.
The Alliance of American Football met a speedy end in 2019 when it ran out of money.
Prosecutors said Fowler lied to the league's executives when he claimed to control bank accounts with tens of millions of dollars from real estate investments and government contracts that he could use to support the league.