Found March 27, 2012 on
Down and Distance:
Normally, financial advisers are the ones you depend on to help efficiently manage your funds, especially NFL players who usually possess large amounts of cash.
According to reports from TMZ and Black Sports Online, $2.2 million dollars has been stolen over a period of time from Freeney by his financial advisers. The complete details from TMZ and BSO are below:
According to the Federal complaint — obtained by TMZ — Eva D. Weinberg and Michael A. Stern were busted late last week after a lengthy investigation revealed how they “conspired to defraud victim D.F., a professional football player.”
According to the docs, Weinberg is a financial advisor at Bank of America who worked with Freeney, controlled several of his accounts, and introduced him to Stern … also a financial advisor.
The feds claim Weinberg and Stern did major damage between May 2010 and October 2011 — making $2.2 million in fraudulent transfers from Dwight’s accounts to Arms Reach Consulting — a company controlled by Stern.
Let this be a lesson. Don’t trust anybody, and never get too busy to manage your loot.
BEST OF MAXIM
According to Mike Chappell of the Indianapolis Star, Colts general manager Ryan Grigson made it clear that defensive end Dwight Freeney won’t be going anywhere, despite reports that they were looking to trade him at one point.
It’s believed that the Colts were unable to trade the 32 year-old Freeney because he’s due to make $14 million in 2012, which is the final year of his...
Ryan Grigson has said the Colts have no interest in separating with Dwight Freeney.
Of course if you look at the calendar you may note we are approaching the peak of "Liars' Season" as we approach the draft. If anyone tells the truth about personnel matters these days it's only within their own warroom. Nate Dunlevy agrees and points out just how difficult it...
Dwight Freeney's financial adviser and her lover were arrested on charges of stealing $2.2 million from the Indianapolis Colts' defensive end.
Eva Weinberg and Michael Stern were arrested last week by the FBI on federal wire fraud charges.
Henry Bell, an attorney for Stern, denied that his client and Weinberg stole the money from Freeney.
Weinberg, who served as Freeney...
Despite stories which have surfaced, claiming the opposite, the Indianapolis Colts organization said on Monday that the franchise was not going to trade DE Dwight Freeney this year. That comes as a bit of a surprise given the state of the organization currently and Freeney’s age. Still a productive player, Freeney was a prime candidate to be moved due to the $19 million...
Our own Nate Dunlevy says that the news about season ticket renewals was a clear message to owner Jim Irsay:
Going into last season, the Colts had a waiting list of more than 9,000. That vast majority of those on the list should be able to claim seats this season. For long-time season ticket holders (like myself), the exodus represents an opportunity to improve seat location in...
Every year, the NFL awards teams compensatory picks based upon their free agency losses in the previous year's offseason. The NFL announced the 2012 picks on Monday, based on teams' losses in the 2011 (shortened) offseason.
First reported by Mike Chappell, the Colts will receive three compensatory picks in the 2012 NFL Draft:
The final pick in the 5th round (170th...
Drew Stanton knows what it's like to get in on the ground floor of a team rebuild. He also knows what it's like to take a backseat to a number one draft pick:
“I think that allows us to all grow together as a core unit,” Stanton said. “I was part of that with (Lions coach) Jim Schwartz when he got to Detroit. Our offense was able to progress over three years. You...
Just like millions of fans out there, I love a good Michael Jackson impersonation and Indianapolis Colts punter Pat MacAfee provided us with this impressive offering:
(Courtesy of Hot Clicks)
According to Indianapolis Colts owner Jim Irsay it’s not a forgone conclusion that they’ll draft quarterback Andrew Luck with the first overall pick.
“It’s up in the air,” Irsay told USA Today. “We have to look at this thing completely open-minded.
“You have two outstanding athletes, two great pure passers, two guys from families that are incredible.”
Join Laura Calaway and Greg Cowan as they discuss the latest news and notes from the Indianapolis Colts 2012 off-season. Topics tonight will include: Andrew Luck and RGIII's pro days, WR Donnie Avery signed, the Stanton trade, compensatory draft picks, and more.
Listen to internet radio with Check it to Pancakes Colts on Blog Talk Radio
The number to call...
In the past, teams that have held the first overall pick in the NFL draft have at times started to negoiate with the player they plan on drafting, prior to the actual draft. The Miami Dolphins did it in 2008 with offensive tackle Jake Long and signed him before the draft. The Houston Texans also did it with defensive end Mario Williams and signed him before the 2006 draft kicked...