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CLINTON PORTIS FACING UP TO 20 YEARS IN PRISON ... For Alleged Role In Defrauding NFL


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 1 month ago '19        #1
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blessings  topics gone triple plat - Number 1 spot x81
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CLINTON PORTIS FACING UP TO 20 YEARS IN PRISON ... For Alleged Role In Defrauding NFL
 

 
8:12 AM PT -- Ex-Eagles star Correll Buckhalter and ex-Redskins star Carlos Rogers are the two other retired NFL players involved in the alleged scheme, according to the DOJ.
Officials add ex-Saints superstar Joe Horn and former receiver Reche Caldwell are also in the crosshairs of their investigation, saying they intend to charge the two former wideouts with conspiracy to commit health care fraud as well.
Ex-NFL star Clinton Portis is accused of defrauding the NFL and stealing money from the league's healthcare program ... and now, the former RB is facing up to 20 YEARS behind bars.

United States Department of Justice officials say Portis and 9 other ex-NFL players developed a scheme back in 2017 to make money off of the Gene Upshaw NFL Player Plan.

According to court docs obtained by TMZ Sports, some of the names involved in the scam included Robert McCune, John Eubanks, Tamarick Vanover, Ceandris Brown, James Butler, Fredrick Bennett and Etric Pruitt.

Officials say the scheme wasn't too complicated ... Portis and the former players allegedly made up fake claims, submitted them to the plan (which is designed to help retired players pay for medical bills) and were reimbursed.

Officials say some of the fraudulent claims included the players looking to be reimbursed for things like pricey hyperbaric oxygen chambers, ultrasound machines and electromagnetic therapy devices designed for use on horses.

Officials say the plan paid out more than $3 MILLION to the former NFL players ... before their scheme was eventually snuffed out by investigators.

It's unclear if Portis has already been arrested for his alleged role in the scam ... DOJ officials would only say 4 of the men have been already arrested while the other 6 have agreed to voluntarily turn themselves in.

If convicted of the crimes ... Portis and the other suspects are facing up to 20 years in prison and fines that potentially could exceed $250,000.

The DOJ says the investigation is ongoing ... adding the NFL and NFLPA are aware of its probe.

visit this link https://www.tmz.com/2019/ .. NelvO1_MFCPUso

fu*king thugs
-12   



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45 comments
 

 1 month ago '19        #2
Tweezy 
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Portis was robbed for over 30 million and told there was nothing that could be done...but now they on his a*s
+51   

 1 month ago '19        #3
blessings  topics gone triple plat - Number 1 spot x81 OP
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 Tweezy said
Portis was robbed for over 30 million and told there was nothing that could be done...but now they on his a*s
Robbed by whom

 1 month ago '19        #4
Tweezy 
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 blessings said
Robbed by whom
His financial advisor
+11   

 1 month ago '19        #5
blessings  topics gone triple plat - Number 1 spot x81 OP
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 Tweezy said
His financial advisor
Yikes
+2   

 1 month ago '09        #6
29 26 
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Why

 1 month ago '19        #7
Tweezy 
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 blessings said
Yikes
Exactly, portis lost everything....they foreclosed on his and his mother's homes and all.... portis thought he was worth 30 million dollars and one day received a notice that he had 30 days to evacuate a home that he bought outright....his financial advisor had took out loans in portis name in everything portis owned and stole the money plus had made bogus investments that ciphered portis money into off shore accounts...

The financial advisors were forced to stop working but never prosecuted or made to return the money
+52   

 1 month ago '19        #8
KeyserSoze  topics gone triple plat - Number 1 spot x1
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uncle dennis?

+1   

 1 month ago '19        #9
blessings  topics gone triple plat - Number 1 spot x81 OP
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 Tweezy said
Exactly, portis lost everything....they foreclosed on his and his mother's homes and all.... portis thought he was worth 30 million dollars and one day received a notice that he had 30 days to evacuate a home that he bought outright....his financial advisor had took out loans in portis name in everything portis owned and stole the money plus had made bogus investments that ciphered portis money into off shore accounts...

The financial advisors were forced to stop working but never prosecuted or made to return the money
That’s a Big L man sheesh
+9   

 1 month ago '04        #10
Jumpoff21 
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 Tweezy said
Exactly, portis lost everything....they foreclosed on his and his mother's homes and all.... portis thought he was worth 30 million dollars and one day received a notice that he had 30 days to evacuate a home that he bought outright....his financial advisor had took out loans in portis name in everything portis owned and stole the money plus had made bogus investments that ciphered portis money into off shore accounts...

The financial advisors were forced to stop working but never prosecuted or made to return the money
Which is nuts, dude should have got his money back.
+11   

 1 month ago '19        #11
Tweezy 
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 blessings said
That’s a Big L man sheesh
Yup ...so I kinda see why he committed fruad
+9   

 1 month ago '19        #12
Tweezy 
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 Jumpoff21 said
Which is nuts, dude should have got his money back.
Yeah, however when you give someone or a company control of your financial portfolio you have to be aware of transactions. It's sad...these guys are handed millions of dollars as young adults coming from nothing and large companies prey on them and there isn't laws in place to protect them for the most part....

Clinton portis once signed the largest rb contract in NFL history
+23   

 1 month ago '07        #13
21  topics gone triple plat - Number 1 spot x6
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Hope it's not true. Don't want to see CP go out like that. Rogers too.
+3   

 1 month ago '18        #14
Mr Tibbs 
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+8   

 1 month ago '16        #15
Aztlan 
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I get why Portis was desperate
+8   

 1 month ago '19        #16
swavesurfer  topics gone triple plat - Number 1 spot x6
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NFL career is short, The contracts aren't Guranteed. They retire with long term damage and Pain have to take pills for

NBA contracts Guranteed
NBA Players are Paid on their Potential
You can be a flop in the NBA and collect millions
+9   

 1 month ago '17        #17
xcobr35715 
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 Tweezy said
Portis was robbed for over 30 million and told there was nothing that could be done...but now they on his a*s
The friggin irony..1st thing I thought was he had jerked badddd..guess he do unto others...🇺🇸🇺🇸🇺🇸...jokes aside they big big trouble, ain’t no suspensions or fines comin...

 1 month ago '06        #18
sunsetnVine 
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 Tweezy said
Exactly, portis lost everything....they foreclosed on his and his mother's homes and all.... portis thought he was worth 30 million dollars and one day received a notice that he had 30 days to evacuate a home that he bought outright....his financial advisor had took out loans in portis name in everything portis owned and stole the money plus had made bogus investments that ciphered portis money into off shore accounts...

The financial advisors were forced to stop working but never prosecuted or made to return the money
Prison is the same conclusion.,, he shoulda hopped out on em

Smh
+3   

 1 month ago '19        #19
swavesurfer  topics gone triple plat - Number 1 spot x6
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 blessings said
8:12 AM PT -- Ex-Eagles star Correll Buckhalter and ex-Redskins star Carlos Rogers are the two other retired NFL players involved in the alleged scheme, according to the DOJ.
Officials add ex-Saints superstar Joe Horn and former receiver Reche Caldwell are also in the crosshairs of their investigation, saying they intend to charge the two former wideouts with conspiracy to commit health care fraud as well.
Ex-NFL star Clinton Portis is accused of defrauding the NFL and stealing money from the league's healthcare program ... and now, the former RB is facing up to 20 YEARS behind bars.

United States Department of Justice officials say Portis and 9 other ex-NFL players developed a scheme back in 2017 to make money off of the Gene Upshaw NFL Player Plan.

According to court docs obtained by TMZ Sports, some of the names involved in the scam included Robert McCune, John Eubanks, Tamarick Vanover, Ceandris Brown, James Butler, Fredrick Bennett and Etric Pruitt.

Officials say the scheme wasn't too complicated ... Portis and the former players allegedly made up fake claims, submitted them to the plan (which is designed to help retired players pay for medical bills) and were reimbursed.

Officials say some of the fraudulent claims included the players looking to be reimbursed for things like pricey hyperbaric oxygen chambers, ultrasound machines and electromagnetic therapy devices designed for use on horses.

Officials say the plan paid out more than $3 MILLION to the former NFL players ... before their scheme was eventually snuffed out by investigators.

It's unclear if Portis has already been arrested for his alleged role in the scam ... DOJ officials would only say 4 of the men have been already arrested while the other 6 have agreed to voluntarily turn themselves in.

If convicted of the crimes ... Portis and the other suspects are facing up to 20 years in prison and fines that potentially could exceed $250,000.

The DOJ says the investigation is ongoing ... adding the NFL and NFLPA are aware of its probe.



fu*king thugs
He DOESN'T have a Dime to show for his Hall of fame career

F*cked up way to go out
+6   

 1 month ago '19        #20
Tweezy 
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Portis will get probation.
He needs to just go start some camps
+1   

 1 month ago '19        #21
93NinetyFour  topics gone triple plat - Number 1 spot x4
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Trash culture
-5   

 1 month ago '18        #22
Shere Khan 
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+9   

 1 month ago '04        #23
youngmic  topics gone triple plat - Number 1 spot x2
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 93NinetyFour said
Trash culture
Shut your fat a*s up
+7   

 1 month ago '04        #24
Fameus 
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 blessings said
Robbed by whom
He got caught up in this, seems like he'd have a case against the league

Rubin convinced his clients to invest in an entertainment and gambling development called Country Crossing that featured electronic bingo machines. Electronic bingo was later deemed illegal by Alabama Governor Bob Riley. Country Crossing was raided shortly after it opened. Given the NFL’s abhorrence of gambling, how could he get his players involved in the deal, asks Keteyian. “Armen, you’re completely correct...if I can go back in time, I wish I’d never set foot in Alabama.”

After he put his players in the Country Crossing deal, a document outlining the risks to investors included a line that specifically pointed out the electronic bingo machines could be deemed illegal in Alabama. Rubin says he doesn’t know if his players received this document. “Is that negligent?” asks Keteyian. “I don’t know...I’m not really sure...I don’t know the answer to that question...Looking at it now, it’s awful, okay? I put my trust in a lot of attorneys, just like the players put their trust in me.”

Rubin was registered by the NFL Players a*sociation in its financial advisors program. Asked by Keteyian if anyone from the NFLPA had contacted him about the investment, he replies, “They did nothing. And not one time did we get a call, an email, a fax, a telegram, a helium balloon. We got nothing from the NFLPA in regards to this project.”

The NFLPA declined to offer anyone to speak about its financial advisors program.

Keteyian talks to former all-pro running back Fred Taylor and Washington Redskins tight end Vernon Davis, both of whom lost money in Country Crossing. What would Rubin say to these men now? “I’m sorry this happened. It’s been a disaster...that was my life.”
But he was spending like this at the same time so...


The NFL star had lived a lavish lifestyle with multiple properties in Virginia and Florida, as well as a fleet of cars including a BMW, Audi and Dodge Ram.

He made no secret of his big spending and during appearances on MTV he would often flaunt his homes, which were filled with waterfalls, exotic fish, stripper poles and designer suits.

He also bought his mother, Rhonnel Hearn-Pearson, a $1 million purple mansion in Florida.

'Portis was on a different level,' ex-Washington wide receiver Santana Moss told Sports Illustrated of his spending habits. 'He didn't think about tomorrow.'
They might should just stipend these players until they retire.
+2   

 1 month ago '12        #25
AlBooBoo 
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 Shere Khan said

Ayyoooo oh sht lmao
+2   



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