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  • July 12, 2010

Vick’s ex-adviser charged in Ponzi scheme

Federal prosecutors have charged a woman who once advised Michael Vick and several other NFL players with stealing $3 million from eight victims in a Ponzi scheme.

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Maverick move: Cuban shoots back at SEC over insider trading claims

Dallas Mavericks owner Mark Cuban is going on the offensive against the Securities and Exchange Commission.

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Michigan football coach sued for $3.9M in loan default — but he claims he’s a Ponzi scheme victim

An Alabama bank is suing University of Michigan football coach Richard Rodriguez for defaulting on a real estate loan — but Rodriguez's adviser claims he was the victim of a Ponzi scheme.

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Michael Vick ordered to hire a financial planner

A judge approved Michael Vick's plan to repay creditors $20 million and emerge from bankruptcy, and the quarterback hustled out of court to prepare for his return to an NFL field later in the night with the Philadelphia Eagles.

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  • November 17, 2009

NFL players cleared in financial adviser’s Ponzi scheme

Federal prosecutors say there's no evidence to indicate wrongdoing by three NFL players who partnered with a financial adviser accused of running Ponzi scheme.

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  • September 8, 2009

NHL owner who bamboozled banks gets eight years in prison

A federal judge has sentenced a Silicon Valley financier to more than eight years in prison for bilking banks and investors out of millions of dollars in an attempt to buy a pro hockey team and finance a lavish lifestyle.

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Fearing lockout, NFL union steps up financial education for players

To help its players prepare for a potential lockout in 2011, the National Football League Players Association is stepping up financial education for members this year with a new web-based planning tool.

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  • September 1, 2009

TD’s Ricketts on fast track to buy Cubs from Tribune

A Delaware bankruptcy judge on Monday approved Tribune Co.'s request for quick court action on the company's planned sale of the Chicago Cubs.

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  • September 1, 2009

Ex-Red Wing star Sergei Fedorov wins $60M suit

A Michigan judge says former Detroit Red Wings star Sergei Fedorov is entitled to $60 million from a man accused of failing to meet a loan obligation to the hockey player.

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NBA star sues adviser over $2 million account transfers

Denver Nuggets basketball star Carmelo Anthony filed a lawsuit in federal court last week alleging that his former financial and business adviser transferred more than $2 million from his accounts without his knowledge or consent.