Black sports stars who lost their fortunes to fraud schemes

Ben Ebuka March 08, 2023
Black sports stars who lost their fortunes to fraud schemes
Mike Tyson — Photo via @miketyson on Instagram

Mike Tyson

The former World Heavyweight Champion ruled the boxing arena in the late eighties and made millions of dollars. Tyson filed a $100 million lawsuit against Don King, a boxing promoter, accusing him of defrauding him (Tyson) of millions of dollars since 1988. The two parties settled, with Tyson agreeing to drop the suit and King agreeing to pay $14 million.

Last Edited by:Mildred Europa Taylor Updated: March 8, 2023

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