Published on September 21st, 2018 | by Landon Buford0
Source: Says Kevin Garnett & Jason Terry Partnering With Netflix To Educate Athletes
Earlier this month it was reported by the Associated Press that Kevin Garnett is-suing an accountant by the name of Michael Wertheim and Welenken CPAs. For allegedly helping Charles Banks IV of Atlanta defraud Garnett through business practices that interest both Banks and Garnett upwards to 77 million dollars.
“Banks intentionally … looted Garnett of his earnings and assets for many years, including the many years that Welenken and Wertheim provided accounting services to Garnett and his business interests,” which was noted in the lawsuit.
The lawsuit was initially filed in Hennepin County District Court, but it would later be moved to U.S. District Court in Minneapolis. Banks was not named as a defendant in this case, but he was recently sentenced to four years in federal prison for defrauding another future Hall of Famer Tim Duncan.
“Based upon the facts, we are confident this matter ultimately will be resolved in Mr. Garnett’s favor,” said Mark Gaughan Garnett’s attorney.
A source confirmed with me that “Jason Terry and Kevin Garnett will be working on a project with Netflix. That will help educate athletes about their finances to avoid being defrauded by their financial advisors.”
Before the Pro Football Hall of Fame, I spoke with Terrell Owens about his partnership with Nerd Wallet, whose mission is to help young athletes find the best financial advisors, credit card companies, and provide avenues to get their questions answered.
“Nerd Wallet was established to help. I partnered with them because of my own experiences of being taken advantage of by prior financial advisers. Eric Dickerson also partnered with Nerd Wallet for similar reasons. It would likely be very beneficial, for those willing to be in the driver’s seats of their financial lives, to listen to our advice on these matters, especially when you have the two of us, who have gone through these harsh experiences first hand and learned so much in the process.”Owens told me