Wealth adviser used $5M swindled from NBA stars to pay his lover, build backyard gym: prosecutors
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Source: New York Post
Published: 2026-03-05 06:21 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Culture & Entertainment, Economy & Finance, Labour & Workers, Fraud & Corruption, World News, Business & Economy, Crime & Justice
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Snippet:
A former Morgan Stanley financial adviser was convicted of federal fraud charges for cheating three NBA stars out of $5 million — using some of the money to built a state-of-the-art gym in his backyard.
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