NFL Star Mychal Kendricks Pleads For No Prison Time In Insider Trading Case, Says He Was A Good Snitch

The judge could also hit him with a $5 million fine. Mychal has been dealing with the case since being charged in 2018. Prosecutors said he committed securities fraud.

In court documents, the feds say the former Seattle Seahawks player of receiving insider information from a banker friend and using it to make millions.

The government said Mychal provided the banker with tickets to football games, cash, and other perks in exchange for financial information.

After the case was filed, the Cleveland Browns released Mychal from the roster. The NFL star immediately accepted responsibility for his actions and agreed to work with prosecutors.

He entered a plea of guilty and cooperated fully with the investigation. Last year, Mychal also agreed to pay $1.2 million as part of a civil lawsuit brought against him by the Securities and Exchange Commission.

Eventually, the NFL star convinced the league’s commissioner Roger Goodell to lift the suspension and allow him back on the field.

In his new motion, filed ahead of his sentencing, Mychal tells the judge his life story to garner sympathy. He talks about working hard his entire life to “overcome obstacles and achieve success.”

“Up until he committed the crimes that bring him before this Court, he avoided many potential pitfalls associated growing up as a young black man, raised by a single mother who worked long hours to support Mr. Kendricks and his younger brother and sister, with a then drug-addicted father, and struggling in school to overcome learning disabilities,” his lawyer writes.

The NFL star reveals his father dealt with a crack addiction for years. After he achieved success with football, he claims to have finally been able to help his dad get clean.

“Mr. Kendricks’ young life was spent in a far less than ideal environment. From these inauspicious beginnings, Mr. Kendricks achieved tremendous success, only to damage it, potentially irreparably, because he made the wrong decisions and trusted the wrong people,” his letter reads.

Mychal says before his arrest he gave back to the community and will continue to do so. He claims to have been lured into the financial scam by “by the possibility of doing business with a Wall Street banker who appeared to be a successful, Harvard-educated black man, and guided by a trusted childhood friend who, unbeknownst to Mychal, had anything but his best interests at heart, Mr. Kendricks agreed to participate in an illegal, get rich quick scheme.”

His childhood friend involved in the scam is named Mark Wayne “Christian” Ramsey. The NFL star says not only has he taken responsibility for his actions, but he turned on Ramsey.

Mychal says he provided the government with evidence to prove his friend,” was an active and integral participate in the criminal conspiracy, not an unwitting dupe as Mr. Ramsey had portrayed himself.”

Mychal believes all this should be taken into consideration during his sentencing. He is pleading with the judge for only probation.