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Emmitt Smith Sued Over Alleged $2.5 Million Native American Investment Linked to Solar Project

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Source: The New York Times
Emmitt Smith Sued Over Alleged $2.5 Million Native American Investment Linked to Solar Project
Photo: The New York Times
TL;DR Summary

A Delaware Chancery Court lawsuit accuses former NFL star Emmitt Smith, his partner, and their company of diverting a $2.5 million loan from Kituwah LLC—an investment arm of the Eastern Band of Cherokee Indians—into a Texas solar project, alleging a Ponzi-like scheme and leaving Kituwah with no repayment despite promises of project funding.

Topics:sports#4-13-solutions#business#delaware-chancery-court#emmitt-smith#kituwah-llc#solar-project
Share this article
  1. Emmitt Smith accused of cheating Native American investor out of $2.5 million  The New York Times
  2. Tribal group sues NFL legend over multimillion-dollar fraud scheme  Courthouse News
  3. Cowboys’ Hall of Famer Emmitt Smith accused of running $2.5 million Ponzi scheme  Fort Worth Star-Telegram
  4. Football Legend Emmitt Smith Sued for Fraud by Cherokee Group  Bloomberg Law News
  5. Why is Cowboys legend Emmitt Smith accused of cheating a Native American tribe over $2.5M deal? Full allegations explained  The Times of India

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