Professional Athletes: Fraud, Investing and Lawsuits
January 7, 2013
We work with professional athletes on a variety of asset protection and business related issues. Although surrounded by managers and agents, they are often
Articles:
professional athletes
Ex-Dallas Cowboy Football Player Sentenced in $20MM Mortgage Fraud
December 13, 2012
“Mean Gene the Hitting Machine,” Lockhart was sentenced to 4 1/2 years in prison this week for his role in an affinity fraud scam involving
Cincinnati Reds’ Aroldis Chapman sued for $18M – Asset Protection – MLB
May 22, 2012
It never ends. The MINUTE you make it the hands come out, the “investment opportunities” come pouring in, you are smarter, more handsome and more
Income Tax Deductions Professional Athletes and Their Managers Must Know About
April 16, 2012
Professional atheletes are great at making money but often lack the support and guidance they need to effectivelty keep it. Some Asset Protection issues address
Warren Sapp files for bankruptcy – $100K a month income won’t float his bills
April 12, 2012
Wealth is finite and fragile – we try to teach those we work with some simple basics, like the “habits of wealth”, the value of
Former NFL Star, Jim McMahon named in FDIC Lawsuit – Board Member Liability – Asset Protection
April 12, 2012
The FDIC brought a lawsuit against Illinois Broadway Bank and former NFL player Jim McMahon is one of the seven former board members for the
Joe Paterno House Transfer Won’t Shelter Him – Asset Protection FAIL
November 16, 2011
As always, timing is everything in Asset Protection planning, rule number one is always do something today, while the waters are calm and you have
Asset Protection FAIL – NHL Player has Minimum Legal Auto Insurance in Accident
October 20, 2011
It’s hard to believe but it’s true. NHL player Matt Moulson (who has a $9MM Million dollar contract with the New York Islanders) slammed his Escalade into a Subaru
Man found dead in NFL player’s pool
September 6, 2011
NFL player has guest die in pool during party. This creates liability and the possibility of wrongful death lawsuit against him that he has likely NOT been prepared for by his manager, agents or estate planner. His home-owner’s insurance is likely to be inadequate.
THE VAULT: Asset Protection, Cash Alternatives and Life Insurance – UPDATED
September 2, 2011
In the week ending august 14th another 24 Billion dollars left the securities market for the relative perceived safety of cash. These billions of dollars simply