Usain Bolt -- Photo Credit: Fernando Frazão/Agência Brasil
Lack of adequate investment and financial knowledge exposes some sports figures to investment sharks that pose as investment managers, but with the ulterior motive to defraud their clients.
Sports stars make millions out of their career, and most often, they have interests in other sources where they can invest money to expand their wealth; this makes them very attractive to investment managers. Unfortunately, many sports stars have lost money to some of the slick-mouthed investment managers who later turn out to be fraudsters.
From boxing stars to football, basketball, and other sports icons, the following are victims of fraud.
Meet Jaden Rashada; he is a college football player for the University of Georgia. He…
Sarah Simpkins has come a long way to earn her college degree and can finally…
High school junior Fela Burk’s over-the-top prom night has the internet buzzing after her mom,…
A woman who allegedly stole a 2024 Honda Civic during a test drive and led…
A 2024 Morehouse College graduate gathered popularity after posting a message on X thanking his…
Minnesota's first black woman-owned brewery is about to open in St. Paul's historically black Rondo…
A professor of Applied Mathematics at the University of the Free State (UFS) in South…
Bronny James has conceded that being the son of a legend is difficult. The eldest…
A 31-year-old man wanted in connection with a March 15 shooting was found hiding inside…
Marquise White, the Maryland teacher who was criticized after a viral TikTok video showed a…
A lawsuit has been brought against the state of Pennsylvania and Delaware County by the…
Get to know Mustafa Shakur; he is an ex-NBA player who previously played for the…
With a full scholarship to High Point University, Madison Crowell, a Liberty County High School…
Samyang Food Co., a Korean instant noodle company, saw its stock skyrocket after rapper Cardi…
Finally, Jerome Lawrence was able to fulfill a long-standing promise he made to his parents…