Ex- QB’s re­tire­ment money sought as fraud resti­tu­tion

The Columbus Dispatch - - Metro&state - By Earl Rine­hart er­ine­hart@dis­patch.com @es­rine­hart

Fed­eral pros­e­cu­tors want to seize the re­tire­ment funds of for­mer Ohio State Univer­sity and NFL quar­ter­back Art Sch­lichter, who is in prison for cheat­ing in­vestors in a sport­sticket scam.

Sch­lichter, 57, still owes more than $2.2 mil­lion from judg­ments in fed­eral courts in the south­ern dis­tricts of In­di­ana in 2001 and in Ohio in 2012.

As of Nov. 8, the amount of the debt that re­mained in the first case was $75,910 and in the sec­ond was $2.19 mil­lion, ac­cord­ing to a mo­tion filed in U.S. District Court in Colum­bus last week.

The U.S. at­tor­ney's of­fice wants to seize funds in Sch­lichter's Bert Bell/Pete Rozelle NFL Player Re­tire­ment Plan and in the NFL Sec­ond Ca­reer Sav­ings Plan. The mo­tion did not say how much money was left in the funds. If ap­proved, the money would go to­ward the ear­lier, smaller debt and any­thing that is left over would be ap­plied to the larger amount.

Ac­cord­ing to U.S. Bureau of Pris­ons records, Sch­lichter is serv­ing a 10 -year sen­tence in a medium-se­cu­rity prison in Sal­ters, South Carolina. His ex­pected re­lease date is Oct. 4, 2020. His for­mer at­tor­ney, Steve Nolder, said he is be­ing treated for Parkin­son's dis­ease.

Sch­lichter con­vinced 55 in­vestors that he could ob­tain tick­ets to Ohio State foot­ball games and other sport­ing events, in­clud­ing the Su­per Bowl, and sell them for a profit. He never paid back his in­vestors, in­stead us­ing the thou­sands of dol­lars for gam­bling and to re­pay others from whom he'd bor­rowed money.

Sch­lichter, who was raised in Bloom­ing­burg in Fayette County, was Ohio State's start­ing quar­ter­back from 1978 to 1981 and a first-round pick in the 1982 NFL draft. Pro­fes­sion­ally, he played for the Bal­ti­more and In­di­anapo­lis Colts and the Buf­falo Bills in the NFL, and the Detroit and Cincin­nati teams in the Arena League.

He was pre­vi­ously in prison in In­di­ana from 1994 to 2006 for fraud and forgery.


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