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Ex-Dallas Cowboy Eugene Lockhart Hit in Massive Fraud Scheme

By Pete Kotz in celebrity crime, fraud
Friday, September 4, 2009 at 2:56 pm
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Eugene Lockhart Jr. (right)
​Before he retired in 1990, Dallas linebacker Eugene Lockhart Jr. was known as the "Mean Gene the Hitting Machine." Now he's known to the U.S. Attorney's office in Dallas as a guy who helped swindle lenders out of $20 million in fraudulent loans.

According to Robert Wilonsky at our sister site, The Dallas Observer, Lockhart's been indicted along with eight others for exploiting lax lenders from 2001-2005. The scheme allegedly worked like this: Lockhart and the others would negotiate deals to buy homes heading toward foreclosure, then inflate the sale price and use strawmen as buyers to get inflated loans from banks. The indictment contends they ran the scheme on 54 closings.

Lockhart, who steadfastly claims his innocence, has been charged with wire and bank fraud.

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