Emmitt Smith Faces $2.5M Lawsuit Over Alleged Native American Solar Venture

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Source: nypost.com
Emmitt Smith Faces $2.5M Lawsuit Over Alleged Native American Solar Venture
Photo: nypost.com
TL;DR Summary

A Delaware civil lawsuit filed by Kituwah LLC, the Cherokee Nation's investment arm, accuses NFL Hall of Famer Emmitt Smith, his partner, and their firm of steering $2.5 million into a solar project (Project Exodus) based on false projections and misrepresentations. Kituwah says the loan is overdue, funds were diverted to repay another investor, and no returns have been seen, describing the arrangement as a Ponzi-like scheme and seeking at least $2.5 million plus interest, costs, and damages at trial.

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