Jun 29 2006
Never trust a financial planner named Kirk
It only ends in heartbreak and lawsuits.
ATLANTA (AP) — A hedge fund manager accused of disappearing with millions of dollars belonging to at least 500 investors — including current and former NFL players — now faces 24 additional counts in his federal fraud case.
Kirk Wright of Marietta was arrested May 17 in Miami after three months as a fugitive, and was indicted on May 25 on one count of mail fraud by a federal grand jury in the Northern District Court of Georgia…
Last week, seven current and former NFL players sued the league and its union in U.S. District Court to recover $20 million, claiming the union endorsed Wright’s services even though its manager had liens against him.
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