A former University of South Carolina football great has agreed to plead guilty to bankruptcy fraud in U.S. District Court in Columbia.
Rick Sanford, who in 1979 was the first USC football player in university history to be an NFL first-round draft pick, is waiting to enter a guilty plea before a judge and then be sentenced, according to court papers.
Sanford, 54, could be sentenced to five years in federal prison, a $250,000 fine and three years of supervised release, according to the plea agreement. Dates for the formal guilty plea and the sentencing have not been set.
Sanford and his attorney, John Barton of Columbia, declined comment.
Specifically, Sanford agreed to plead guilty to an “information” charging him with omitting from his bankruptcy petition a $70,000 ownership interest in a Vail, Colo., condominium. An “information” is a federal charge the defendant does not dispute. In agreeing to plead guilty, Sanford waived his right to be indicted and go to trial.