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Former NFL Player Accused of Embezzling Millions, Spent $60,000 at Luxury Jeweler October 22, 2024 (0 comments)
Richmond, VA--Former NFL player Christopher A. Harrison was indicted by a federal grand jury on October 15, 2024, for allegedly embezzling millions in loan funds meant for two real estate projects. Parts of the fund were spent on luxury purchases, including $60,000 at Lenkersdorfer Fine Jewelers.
[Representative image via istockphoto.com]
A news release by the United States Attorney's office stated that Harrison, 52, secured loans totaling over $22 million from Cedar Rapids Bank & Trust (CRBT) for two developments: the Model Tobacco Project in Richmond, Virginia, and the Whitaker Park Project in Winston-Salem, North Carolina.
According to the indictment, Harrison diverted loan proceeds through a shell company, Virginia Demolition LLC, to submit fraudulent invoices and draw requests.
The indictment alleges Harrison misused over $3.6 million, spending funds on personal items and services. Among the expenditures were payments to Lenkersdorfer Fine Jewelers, where Harrison allegedly bought high-end Rolex watches.
Additional misappropriated funds were used to cover mortgage payments, tuition, and landscaping services.
Harrison also directed fraud proceeds toward legal fees for an unrelated venture involving the Petersburg Ramada Inn, which he sold back to the city in 2022.
Harrison faces multiple federal charges, including wire fraud, mail fraud, and aggravated identity theft, carrying potential prison terms of up to 20 years. Sentencing will be determined by a federal judge based on the U.S. Sentencing Guidelines.
Learn more in the release by the United States Attorney's Office.