Saints Coach Pleads Guilty In Real Estate Scam

It is bed enough that the New Orleans Saints are going through allegations involving the drug Vicodin, which came to the forefront back in April. Perhaps things have taken a turn for the worse for the team in the Big Easy.

According to Mike Florio at ProFootballTalk.com, Saints assistant defensive line coach Travis Jones, who coincidentally – or not – is still on New Orleans’ payroll, was named in an indictment related to a real estate scam that took place in Texas in which Jones pled guilty back in March.

Here’s the inside skinny on the indictment:

On June 1, Jones signed a “Factual Statement” that included a full confession as to his involvement in the fraudulent financing of two properties. His role, as admitted by Jones in the document, “was to make materially false statements on Loan Applications and other real estate documents in order to induce lending institutions to lend funds for the purchase of certain properties and to obtain a portion of these funds for personal use.”

As to one property, Jones claimed he earned $75,000 per month in borrowing more than $920,000. As to the other property, he again claimed a monthly salary of $75,000 in connection with a loan in the amount of nearly $779,000.

For his role in the scam, Jones was paid $86,225.28 — and the banks lost more than $1.148 million.

In late June, Jones plead guilty to conspiracy charges and will be sentenced at a later date. This malfeasance all happened while Jones was not a member of the Saints. As a matter of fact, he was employed by the Dolphins at the time of the commission of the crime in question.

Who wants to bet that NFL Commissioner Roger Goodell is all over this controversy like a cheap suit?


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