Former Green Bay Packer running back John Brockington pleaded guilty Friday in federal court to one count of income tax evasion stemming from the time he worked for the fraud-ridden J. David & Co. investment firm.
Brockington, 39, was charged with attempting to evade $7,922 in taxes on $32,863 in income he earned in 1983, while working as a salesman for the firm.
He could be sentenced to a maximum of five years in prison and fined up to $100,000.
Brockington, who worked for the firm from June, 1980, to February, 1984, has said he knew nothing about fraudulent activities there.
J. David & Co. has been under investigation by federal prosecutors since February, 1984, the same month a group of investors forced the firm into bankruptcy after its checks began to bounce. J. David (Jerry) Dominelli. The firm's founder confessed that he did little, if any, trading for his 1,500 investors, whose losses totaled about $82 million. Dominelli is serving a 20-year sentence for his role in the fraud.