HOUSTON, Texas — A former Florida business woman is accused of stealing $6 million from Heisman winner and former pro football player Ricky Williams and more from three other pro athletes, according to court documents.
Peggy Ann Fulford operated two management companies out of Florida, according to Secretary of State records.
In 2008, Fulford and Williams made an agreement for her to manage his financial affairs free of charge, a lawsuit the former football player said in a lawsuit.
Fulford presented herself as a graduate of Harvard’s business and law schools who had made millions in the stock market buying and selling hospitals and “just wanted to protect them from losing their money,” a media statement from the U.S. Attorney’s Office said.
There is no record of Fulford ever graduating from Harvard, officials said.
In 2008, Williams and Fulford opened a joint bank account in Orlando where the former football player deposited the $11 million he made from 2007 to 2012, court documents said.
While Williams and his family were living off a monthly stipend sent from Fulford, she was spending the rest of luxury cars, real estate, jewelry and airline tickets, the U.S. Attorney’s Office said.
Fulford is listed as the running King Management Group and Associates, LLC, and Dennis Rodman Group and Associates, LLC, in Florida.
While he is not named in Fulford’s criminal indictment, TMZ reported in 2015 that former NBA star Dennis Rodman fired Fulford as his financial manager in 2015 and accused her of stealing millions of dollars from him.
At that point, Fulford was going by the name Peggy King, court documents said.
Fulford, who is also know by the aliases Peggy King, Peggy Williams, Peggy Simpson, Peggy Rivers, Peggy Barard, Devon Cole and Devon Barard, was arrested Friday in New Orleans.
She was charged with two counts of wire fraud, mail fraud, interstate transportation of stolen property, and four counts of money laundering.
Cox Media Group
