 In Taylor's final year in the NFL he started a company called All-Pro Products. The company went public at $ 5 a share, and tripled in value during its first month. The stock price reached $ 16.50 a share, at which point Taylor's stake had an estimated value of over $ 10 million. The company ceased production shortly thereafter however, and Taylor, who never sold his stock, lost several hundred thousand dollars. He had been defrauded by several members of the penny stock firm Hanover Sterling & Company, who had short sold the company's stock, making it worthless. The Securities and Exchange Commission ruled that two traders had manipulated the price of the stock, which skyrocketed while the company was losing over $ 900,000. Taylor has also had self-inflicted financial problems; in 1997 he pleaded guilty to filing a false tax return in 1990, and in 2000 he was "sentenced to three months of house arrest, five years of probation, and 500 hours of community service for tax evasion."
