Giants pitcher Jake Peavy is one of three athletes who lost millions of dollars in a Ponzi-like scheme orchestrated by an investment advisor that appealed to their Christian Faith, the Bloomberg News reported Tuesday.

According to a recently unsealed U.S. Securities and Exchange Commission lawsuit in Dallas federal court, Peavy, along with former major league pitcher Roy Oswalt and Jets quarterback Mark Sanchez, were defrauded out of $30 million.

All three athletes used the same broker, Ash Narayan, formerly of RGT Capital Management. The SEC said Narayan gained their trust through religion and their interest in charitable works.

Narayan, the lawsuit claims, concealed multiple conflicts of interest from the athletes and directed their cash to a ticket company that allows fans to purchase face-value tickets to events where the teams have yet to be determined. Narayan was on the board of directors of that country _ Ticket Reserve Inc. _ and was responsible for raising 90% of its investment capital.

All three athletes had sought low-risk investments with conservative strategies, the lawsuit contends. Included in evidence is an e-mail from the CEO of the ticket company to Narayan which said, “Our balance sheet is a disaster.”