Ex-NFL Players Seek to Recoup Losses After Death of Man They Say Defrauded Them
Former Giants linebacker Tae Crowder is among several ex-players who say they lost more than $1 million combined to an alleged e-commerce investment scheme run by Mohamed Coulibaly, who was found dead in a swimming pool last month.
Several former NFL players say they're continuing to pursue recovery of money they lost in an alleged investment scheme after the death of the man they say ran it. Mohamed Coulibaly, 24, a former registered securities broker, was found dead in a swimming pool at a home in Harrison Township, New Jersey, on July 31, after officers conducted a welfare check requested by his family.
What was the alleged scheme?
Coulibaly, who worked at Trinity Wealth Securities from April 2025 to March 2026 according to FINRA records, is accused of running an investment scheme built around Shopify-based digital storefronts. Former players told Barron's they collectively lost more than $1 million. Former New York Giants linebacker Tae Crowder, now playing in the UFL, said he invested his entire savings of $500,000 into one of the storefronts.
What has Coulibaly said about the allegations?
Before his death, Coulibaly denied running a scam, saying investors hadn't been repaid because of pending funding tied to a planned acquisition of his business.
What's the current status of the case?
No cause of death has been released, and the investigation into how Coulibaly died is ongoing. No criminal charges have been filed in connection with the alleged fraud scheme as of the latest reporting.
Sources
- ESPN: Ex-NFL players seek to recoup losses after alleged fraudster's death