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Tommy Tuberville Accused Of Investment Fraud
by Larry Leo
February 28, 20122 Comments
Texas Tech coach Tommy Tuberville has been accused in a lawsuit of defrauding investors out of more than $1.7 million in Alabama following his tenure at Auburn.
quote:This comes after the recent news of his wife's car accident investigation. Yikes, rough times at the Tuberville house.
"A federal lawsuit filed Friday in Montgomery, Ala., names Tuberville, John David Stroud and eight investment entities as defendants, claiming the two men "employed devices, schemes, and artifices to defraud" seven plaintiffs from Arkansas, Alabama and Tennessee.
The suit claims Tuberville and Stroud misappropriated assets, and falsified client statements and fund performance reports as they "unjustly enriched themselves" at the expense of the investors."
Filed Under: General Sports
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