Former Premier League player Richard Rufus has been jailed for seven years for €17m in fraud. A court in London ruled on Thursday. Rufus had stolen money from his friends and acquaintances as an alleged foreign exchange dealer.

Former Premier League footballer Richard Rufus has been jailed for seven and a half years for cheating family and friends out of £15million. A court in London convicted the longtime professional of the capital club Charlton Athletic on Thursday, among other things, for fraud and money laundering.

The 48-year-old had led his victims into believing that he was a successful currency trader and convinced them to invest in his assets. Rufus used the millions to pay off financiers for a “snowball model” and to maintain his luxurious lifestyle. He must serve at least half the sentence before he can be paroled. The ex-professional had already been declared bankrupt by a court in 2013.

Rufus played a total of 288 games for today’s third division club Charlton between 1994 and 2004 and also made six appearances for the England U21 national team.

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