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King pleaded accountable so you’re able to wire con and cash laundering and you will is actually sentenced in may 2025 to 21 months from inside the government jail, and additionally your order to repay $8,785,045. Alternatively, prosecutors told you the cash was used for personal costs, gaming, or expenses before debt. Years later, government prosecutors told you Schlichter first started soliciting currency for what traders were told is actually a violation-selling company related to Kansas State and you can NFL video game.