Last month, former NFL agent Benjamin Geller was charged with one count of wire fraud. This month, Geller pleaded guilty to one count of wire fraud.
According to the New Orleans Times Picayune, the guilty plea came on Friday in federal court. Geller was accused of spending roughly $500,000 in life insurance proceeds generated by the death of former Saints defensive lineman Frank Warren, who passed in 2002.
Geller was wiring diminished payments to Warren’s family, keeping the rest. Suspicions first arose in 2009.
Sentencing is set for September 12, at which time Geller faces a maximum penalty of 20 years in prison and a fine of $250,000. The decision to accept responsibility absent a trial should help Geller receive a more favorable punishment.