Originally written on BlackSportsOnline  |  Last updated 11/18/14

CANTON, OH - AUGUST 8: Terrell Owens and Chad Ochocinco of the Cincinnati Bengals look on against the Dallas Cowboys during the 2010 Pro Football Hall of Fame Game at the Pro Football Hall of Fame Field at Fawcett Stadium on August 8, 2010 in Canton, Ohio. (Photo by Joe Robbins/Getty Images)
There is a big difference between giving bad advice and stealing money. T.O. will have to prove the latter in court. Yahoo Sports details the accusations T.O. is making in his lawsuit against Jeff Rubin and his financial firm (Pro Sports Financial). • That PSF opened an account at Florida-based Bank Atlantic without his knowledge or authorization. • That Owens’ signature on that account was forged. • That PSF employee Tequilla Harris and others made “numerous unusual and extraordinary withdrawals” from that account without Owens’ authorization. • That PSF made “unauthorized loans and or funds transfers” to other PSF clients who held accounts at Bank Atlantic, including former NFL player Jevon Kearse and another Rubin-controlled company, Pankas Holdings. • That PSF, Rubin and others introduced him to “illegal and highly risky investments” such as a failed casino project in Alabama without properly researching the investments or providing ample risk and assessment disclosures. • That PSF, Rubin and others failed to follow NFL Players Association regulations on investments. • That Bank Atlantic aided and abetted PSF, Rubin and others in mismanaging Owens’ finances by allowing an account to be opened and managed in the player’s name without his consent. If any of that is true, T.O. has a case, but it also points out that he wasn’t paying enough attention to his money.  That is a lesson all young athletes should learn.  Always know what is going on with your money.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Jon Jones wanted for questioning in hit and run

Pitcher throws perfect game with 23 strikeouts, still loses

Will LaMarcus Aldridge leave the Portland Trailblazers?

Wizards sweep listless Raptors

Clippers defeat Spurs, even series at 2-2

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

JR Smith 'nervous as hell' about possible suspension

Dana White: No more WWE for Ronda Rousey

Kevin Love rips Kelly Olynyk for 'bush league' play

Report: Eli Manning not concerned about contract

Several teams interested in Bucs' No. 1 overall pick?

Report: Marcus Smart overslept, could get less playing time

WATCH: Former NBA’er Darko Milicic is enjoying life

WATCH: Alex Gordon leaps into stands for incredible catch

WATCH: JR Smith ejected for hitting Jae Crowder in face

WATCH: Kevin Love leaves Game 4 with shoulder injury

Joe Flacco content with current Ravens receivers

WATCH: Demetrious Johnson wins with last-second submission

WATCH: Jerryd Bayless beats Bulls with buzzer-beater

John Legend catches Belichick checking out Chrissy Teigen

Jim Rice to Jim Palmer: 'Quit complaining'

Time Warner-Comcast failed merger hurts Dodgers fans

WATCH: Bucks mascot devours fan

Protestors tried to have Orioles-Red Sox game called off

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Darko Milicic is enjoying life

Pitcher throws perfect game, still loses

Will Aldridge leave the Blazers?

Alex Gordon leaps into stands for catch

Dana White: No more WWE for Rousey

Kevin Love rips Kelly Olynyk

JR Smith ejected for hitting Jae Crowder

Report: Wainwright likely done for year

UAB player brings helmet to graduation

Leah Still scores in Temple spring game

Sanchez shares thoughts on Tebow

Stephen A. Smith blasts Tom Brady

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.