Art Schlichter: Ohio State Great Art Schlichter In Hot Water Again

By (Featured Columnist) on February 8, 2011

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Art Schlichter Under Investigation For Using Investors' Money To Gamble on Sporting Events.

Former Ohio State quarterback and Big Ten Offensive MVP Art Schlichter is reportedly in trouble with the law again after another episode revolved around gambling.

As reported by The Columbus Dispatch, Schlichter was running a ticket-brokering operation he promoted as "an investment opportunity."

He reportedly was using investors' money to make large bets on sporting events.

After the reports, Schlichter texted this to The Dispatch:

"It will help a lot of people," Schlichter said in a text message about talking with authorities. "This addiction is a (expletive)."

Schlichter has served time in 44 prisons or jails since 1994, mainly for fraud and forgery to feed his self-proclaimed "addiction" to gambling on sports.

He has been rumored to have flushed away millions of dollars due to his gambling.

Schlichter, 50, played at Ohio State 30 years ago and moved on to play for five different pro football teams throughout his career.

He was the fourth overall pick in the 1982 NFL Draft.

Schlichter has said in the past that he's committed over 20 felonies in his life.

In ESPN's Outside The Lines in 2007 Schlichter estimated he had stolen over $1.5 million.

His addiction cost him his marriage in 1994 when FBI agents raided his house.

He even was caught gambling while in prison in 2004.

Hopefully he didn't bet on Super Bowl XLV, too.

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