Kendricks could be sentenced to up to 25 years in prison. Sentencing is scheduled for December. The 27-year-old defender admitted guilt in scheme perpetrated years ago a statement last week, shortly before the Browns released him.
“Because I know I was wrong,” Kendricks replied when U.S. District Judge Gene E.K. Pratter asked why he pleaded guilty. “I know that I made the decision to accept information, secret information, and it wasn’t the right thing to do. I’m making the decision because it’s the right thing to do.”
The former Goldman Sachs analyst-turned-sitcom writer who participated in this scheme with Kendricks, 27-year-old Damilare Sonoiki, is also expected to plead guilty. Kendricks said he did not use any of the $1.2MM profits and intends to pay back all illegally obtained funds.
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