On January 24, 2013, Erxleben was arrested again on various Federal charges related to an alleged Ponzi scheme.
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In 1999, following an investigation by the Texas State Securities Board and the Internal Revenue Service, Erxleben pleaded guilty to one count of conspiracy to commit securities fraud, mail fraud and money laundering, and a second count for securities fraud, in connection with misleading statements regarding the past performance of Austin Forex.
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In December of his freshman year, he played in the Bluebonnet Bowl against the University of Colorado.
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