Kevin Garnett, not too bright

1,649 Views | 5 Replies | Last: 5 yr ago by GoochyMane
Illinois Bear2
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https://www.usatoday.com/story/sports/nba/2018/09/06/kevin-garnett-sues-accountant-over-alleged-77-stolen/1217296002/
Osodecentx
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MINNEAPOLIS (AP) Kevin Garnett is suing an accountant and his firm, alleging they helped a wealth manager steal $77 million from the retired Minnesota Timberwolves and Boston Celtics star.
The federal malpractice lawsuit alleges Kentucky-based accountant Michael Wertheim and Welenken CPAs enabled Charles Banks IV of Atlanta to defraud Garnett through businesses in which Garnett and Banks shared an interest.
The lawsuit contends Wertheim "possessed actual knowledge that Banks was helping himself to millions of dollars of Garnett's money and did nothing about it."
Defense attorney Greg Simpson tells the Star Tribune his clients deny the allegations and will "vigorously" fight the suit.
Banks was not named as a defendant. Banks was sentenced last year to four years in federal prison for defrauding another former NBA star, retired San Antonio Spurs player Tim Duncan, of millions of dollars.


SigTauBear
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Well, that college degree didn't pan out.... oh, wait....
bularry
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He isn't the first wealthy person to be ripped off

Madoff had a roster of Harvard alums in his fake fund
willyric
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thank you larry.
as well as our very own Scott Drew who got duped. Several college coaches have had this happen.

just a bigger number here with Garnett, than most.
BluesBear
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I'd be questioning my agent and his/her recommendations for secondary management firms.

It's really sad and so telling of today's society of the lack of trustworthness of people in general.
GoochyMane
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the same guy swindled Tim duncan as well
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