The Cleveland Browns are expecting a big boost from their defense as they look to reach the lofty win total of six this season.
Part of that increase in play comes from the addition of certain playmakers, including former Super Bowl champion Mychal Kendricks. Instead of living up to those expectations, Kendricks has a much bigger problem on his plate.
The linebacker has announced he's been charged by the federal government for insider trading.
A statement from #Browns LB Mychal Kendrick, who has just been charged by the feds for insider trading. Wow. pic.twitter.com/0IEsV6lPTh
— Ian Rapoport (@RapSheet) August 29, 2018
Here we were thinking Josh Gordon was going to be the biggest liability for Cleveland when it came to staying on the field.
Kendrick's statement is mostly apologetic, but does not provide the scandal that he was involved in. According to another source, it sounds like the linebacker is far more guilty in this process than he has let on in his statement.
Sonoiki, a Harvard educated former investment banker, was "brazenly" passing along insider information to Kendricks from 2013-2015, US Attorney McSwain says. Heads up on mergers and acquisitions
— Jeremy Roebuck (@jeremyrroebuck) August 29, 2018
According to U.S. Attorney William M. McSwain, Kendricks made almost $1.2 million during his dealing with
Kendricks allegedly provided $10K in catsh and Eagles tickets in exchange for the inside stock information.
— Jeremy Roebuck (@jeremyrroebuck) August 29, 2018
Kendricks was slated to start for the Cleveland Browns this season, but his status has to be up in the air at this point as McSwain claims "
Correction to this tweet. They were not indicted. Charged by way of a criminal information, suggesting they have already agreed to plead guilty. https://t.co/K6VbVSaCWo
— Jeremy Roebuck (@jeremyrroebuck) August 29, 2018
Not the start the Cleveland Browns needed before the season began.
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