DALLAS--A former Dallas Cowboys football player was sentenced last week in federal court to more than four years in prison for his role in a massive mortgage fraud scheme that he and others ran in the Dallas area, according to the U.S. Attorney's Office.
Eugene Lockhart, Jr., of Carrollton, Texas, played for the Cowboys from 1984 to 1990 and used his name and fame to get business and further the scheme, according to federal authorities.
Lockhart was ordered to pay about $2.4 million in restitution following his guilty plea to one count of conspiracy to commit wire fraud.
Lockhart was the last of 10 defendants who were convicted in the scheme.
William Randolph Tisdale, of Dallas, also considered a leader in the scheme along with Lockhart was convicted of one count of conspiracy to commit wire fraud and one count of bank fraud. He was sentenced to 10 years in prison and ordered to pay $1.1 million in restitution, federal officials stated.
Lockhart was involved with real estate entities, some formed by him and Tisdale, which had names that were often derived in some fashion from a reference to the Dallas Cowboys, including America's Team Mortgage; America's Team Realty; America's Team Funding Group; Ace Mortgage; Cowboys Realty; Cowboys Mortgage; and KLT Properties.