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Dwight Freeny files lawsuit vs Bank of America, claiming $20 mil in lost wages..

Posted on 3/31/15 at 10:02 pm
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47116 posts
Posted on 3/31/15 at 10:02 pm
...due to fraud.

quote:

"In 2010, Dwight Freeney authorized Bank of America to manage his assets, including his NFL salary," Jeffrey B. Isaacs said. "Two years later, Dwight had lost more than $20 million because of BofA's fraud scheme.



LINK

Too bad Mr Drysdale wasn't around to care for his funds.


Posted by pivey14
In Your Head
Member since Mar 2012
15445 posts
Posted on 3/31/15 at 10:04 pm to
Sooo....bye bye BOA
Posted by Alabama Slim
2009,2011 BCS National Champions
Member since Jul 2007
9919 posts
Posted on 3/31/15 at 10:05 pm to
quote:

Dwight Freeney authorized Bank of America to manage his assets


dumbass
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47116 posts
Posted on 3/31/15 at 10:06 pm to
Did BOA churn his $20 mil out of existence or did Freeny casually forget those late night trips to the ATM?

Posted by The Pirate King
Pangu
Member since May 2014
57447 posts
Posted on 3/31/15 at 10:11 pm to
Yeah this sounds like complete bs.

I'm guessing either he gave them his money to invest, and they put it into aggressive stocks and when the market went to shite he lost most of it.
Posted by Bench McElroy
Member since Nov 2009
33907 posts
Posted on 3/31/15 at 10:12 pm to
It won't be long before Dwight blames the New World Order, Jewish bankers and the Rothschild family for his misfortune. Damn those banks.
Posted by saintsfan22
baton rouge
Member since May 2006
71418 posts
Posted on 3/31/15 at 10:12 pm to
quote:

or did Freeny casually forget those late night trips to the ATM?


100% positive he didn't have $20 mil worth of late night ATM withdrawals in 2 years.
Posted by MontyFranklyn
T-Town
Member since Jan 2012
23830 posts
Posted on 3/31/15 at 10:14 pm to
The had to invest in some derivatives that tanked. Uncovered bets I would guess
Posted by Backinthe615
Member since Nov 2011
6871 posts
Posted on 3/31/15 at 10:39 pm to
As long as he's not taking on a huge bank with floors and floors of bloodthirsty attorneys he should win this outright.
This post was edited on 3/31/15 at 10:40 pm
Posted by Jim Rockford
Member since May 2011
98056 posts
Posted on 3/31/15 at 11:04 pm to
No idea what the facts are, but on general principles I hope he takes a piece out of BoA. They are shady as shite.
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 3/31/15 at 11:07 pm to
quote:

As long as he's not taking on a huge bank with floors and floors of bloodthirsty attorneys he should win this outright.



Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47116 posts
Posted on 4/1/15 at 9:18 am to
He may have enjoyed his high end strip clubs a little too much.
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79001 posts
Posted on 4/1/15 at 10:03 am to
Sounds legit
Posted by lsu480
Downtown Scottsdale
Member since Oct 2007
92876 posts
Posted on 4/1/15 at 10:11 am to
It was probably through Merrill and they are as good as any other firm
Posted by PuntBamaPunt
Member since Nov 2010
10070 posts
Posted on 4/1/15 at 10:19 am to
LINK /

this has a little more on their allegations.
Posted by TOKEN
Member since Feb 2014
11990 posts
Posted on 4/1/15 at 10:23 am to
These people... and by these I am referring to Freeny.
This post was edited on 4/1/15 at 10:27 am
Posted by tigerpimpbot
Chairman of the Pool Board
Member since Nov 2011
66866 posts
Posted on 4/1/15 at 10:23 am to
quote:

No idea what the facts are, but on general principles I hope he takes a piece out of BoA. They are shady as shite.


This
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79001 posts
Posted on 4/1/15 at 10:28 am to
Don't worry, awful human beings steal money from banks all the time in the form of free rent on properties they no longer own.
Posted by crimsonsaint
Member since Nov 2009
37240 posts
Posted on 4/1/15 at 10:30 am to
quote:

Did BOA churn his $20 mil out of existence or did Freeny casually forget those late night trips to the ATM?



quote:

"Although we sympathize with Mr. Freeney as the victim of a crime, the bank had nothing to do with the criminal scheme," said Bill Halldin, a spokesman for Bank of America.

Halldin says the two people responsible for the wrongdoing have already been convicted in criminal court and ordered to pay restitution.

A former Bank of America Merrill Lynch adviser and a business associate were arrested in 2012 after fraudulently wiring $2.2 million out of Freeney's account.
Posted by TOKEN
Member since Feb 2014
11990 posts
Posted on 4/1/15 at 10:32 am to
quote:

As long as he's not taking on a huge bank with floors and floors of bloodthirsty attorneys he should win this outright.


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