[外電] former Minny player could face jail …
http://www.twincities.com/sports/ci_18907132?source=rss
Two former Minnesota Timberwolves could face jail time
Former Timberwolves Christian Laettner and Brian Davis have been ordered to a
Washington courtroom today to explain to a judge why they shouldn't
be held in contempt.
If their answers don't satisfy the judge, the former Duke University stars
could be sent to jail - an outcome few could have predicted four years ago
when they were basking in the success of their West Village development in
downtown Durham, N.C.
Even now, as Laettner and Davis try to fend off angry creditors, West Village
remains the jewel in their crumbling real estate empire. Its mixture of
apartments, restaurants and offices continues to thrive, making it attractive
to investors and to those angry creditors determined to pursue Laettner
and Davis' assets.
Today's court hearing relates to a $671,309 judgment awarded to California
investors J.D. Holdings in June. J.D. Holdings loaned Laettner and Davis'
company, Blue Devil Ventures, $500,000 in November 2006 to develop property
in Baltimore.
The motion asking the judge to find Laettner and Davis in contempt accuses
the men of thumbing their noses at the judgment and ignoring requests to show
whether they have assets to satisfy the judgment. It requests that Laettner
and Davis be ordered to surrender to the U.S. Marshals office and remain
locked up until they comply with the order.
- Former Ohio State and NFL quarterback Art Schlichter pleaded guilty in
Columbus, Ohio, to state theft
charges linked to a sports ticket-fraud scheme and was sentenced to
10 years in prison.
Schlichter, 51, will appear today in federal court, where he faces related
charges of bank and wire fraud and filing a false tax return. Schlichter has
indicated he'll plead guilty to those charges, though no date for accepting
the plea has been set.
- Former Arizona coach Lute Olson contends in a lawsuit that he lost more than
$1 million by investing in "bogus" bonds with David Salinas, the Houston
financial adviser for college coaches who committed suicide while under
investigation by the Securities and Exchange Commission.
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※ 編輯: sato111 來自: 182.235.34.111 (09/17 23:10)
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