Peggy Ann Fulford—Investment Fraud

Rochester stockbroker fraud attorneyPeggy Ann Fulford Allegedly Operated a Multi-million Financial Scheme Targeting Former Athletes Such as Ricky Williams

Peggy Ann Fulford, 58, a former Houston resident and now living in New Orleans, allegedly operated a multi-million financial scheme which targeted former athletes such as Ricky Williams, according to an Indictment from the U.S. Attorney’s Office Southern District of Texas.

Peggy Ann Fulford, a.k.a. Peggy King, Peggy Williams, Peggy Simpson, Peggy Rivers, Peggy Barard, Devon Cole, and Devon Barard, allegedly made statements to victims that she had been to Harvard and was a money manager, the aforementioned Indictment notes.

Fulford also allegedly made offers to manage client expenses and use their money exclusively to pay their bills, income tax payments, and to make retirement investments for them, the Indictment further alleges.

Fulford Allegedly Moved Cash from Alleged Victim Funds Back and Forth between Various Bank Accounts; Fulford Allegedly Used Client Funds on Personal Expenses

Peggy Ann Fulford allegedly executed her purported scheme by moving client funds back and forth between various bank accounts, according to an Indictment from the U.S. Attorney’s Office Southern District of Texas.

Fulford also allegedly never made requests for fees because she allegedly made reports to the alleged victims that she already had millions of dollars and simply wished to protect them from losing their money, the Indictment reports.

Finally, Fulford allegedly made communications with victims in several ways, including in person, by phone and by email, had allegedly soothed them to open or give her access to bank accounts and then allegedly raided and used the cash for personal expenses such as jewelry, luxury cars, real estate,  and airline tickets, the Indictment notes.

The Peiffer Wolf Securities Lawyers Often Assist Investors

The Peiffer Wolf securities lawyers assist investors who lose money as a result of investment schemes. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they have lost money as a result of investment schemes are encouraged to contact the securities lawyers at Peiffer Wolf, Joe Peiffer or James Booker, for a free no-obligation evaluation of their recovery options, at 504-523-2434 or via e-mail at or

Peiffer Wolf (1302 Posts)

In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.