A hundred footballers are believed to have been caught in an alleged £30m investment scam.
The Mirror reports that players said to have lost out include former Fulham midfielder Jimmy Bullard and Irish international Robbie Keane.
Investors were promised returns of 20 per cent a month, but the scheme collapsed at the end of 2011 with large debts. Police are probing alleged links to gambling on football matches.
It is thought the arrangement may have been a Ponzi scheme, with players who saw initial returns recommending the investment to teammates, friends and family.