A son of Florida State football coach Bobby Bowden pleaded guilty Tuesday to swindling millions from investors — including his father.
Steve Bowden admitted conspiring with former Alabama quarterback Brian Burgdorf in a scheme that prosecutors say defrauded investors of $10 million.
The scam involved selling unregistered securities through The Millennium Fund, which billed itself as being for “the privileged few.” Assistant U.S. Attorney Adolph Dean said Steve Bowden brought in his father and three other investors, who lost a total of $4.4 million. Bobby Bowden invested $1.6 million, Dean said.
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