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Danny Woodhead, Jordan Norwood among four players allegedly defrauded by Ohio man

Super Bowl 50 - Carolina Panthers v Denver Broncos

SANTA CLARA, CA - FEBRUARY 07: Jordan Norwood #11 of the Denver Broncos carries the ball against Ed Dickson #84 of the Carolina Panthers during Super Bowl 50 at Levi’s Stadium on February 7, 2016 in Santa Clara, California. (Photo by Maddie Meyer/Getty Images)

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An Ohio man was charged Wednesday with wire fraud and money laundering after allegedly defrauding four NFL players out of hundreds of thousands of dollars in a horse racing enterprise.

According to Eric Heisig of the Cleveland Plain-Dealer, San Diego Chargers running back Danny Woodhead, Denver Broncos wide receiver Jordan Norwood and former Cleveland Browns receiver Chansi Stuckey and punter Reggie Hodges lost a combined $308,805 after investing with Jonathan Pippin in race horses.

Pippin allegedly used the money for personal matters, including visits to strip clubs, gambling and the purchase of a Cadillac Escalade.

The horse racing business the players believed they were investing in didn’t actually exist. Instead, Pippin kept the money for himself before being arrested in December.