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Thousands of Dollars ‘Stolen’ From Legendary Boxing Promoter’s Bank Account

Published 12/11/2022, 12:30 PM EST

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Legendary boxing promoter Lou DiBella sounded off on his bank following a mishap by one of their branches resulting in him losing thousands of dollars. DiBella is one of the most famous promoters in boxing. Thus, it’s no surprise he needs some good financial help to keep his wealth secure.

However, it looks like his current bank, Capital One is not keen on retaining one of their biggest clients after making a mistake costing DiBella thousands of dollars. Moreover, this has gotten to the point DiBella had to take to Twitter and publically ranted about his bank.

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Lou DiBella rants about his stolen funds

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DiBella came out swinging and stated that the bank had cashed a stolen check that he wrote to Amex paying the funds to a random lady. Moreover, he added that there was another cheque that the bank misplaced and ended up paying the wrong person.

In his next tweet, he claimed that the money was deducted from his account and had not been recovered. In addition, he sounded off on the service he was getting from the bank stating that he had already visited the bank on multiple occasions but saw no progress.

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In the next tweet, he added that despite not being at fault Capital One was not returning the amount stolen from his bank account.

Moreover, he then revealed that the bank had opened an ‘investigation’ to look into the matter. However, DeBella then stated that this was a farce as the bank itself was to blame for this whole fiasco.

Lastly, he called out the bank for their poor service and failed attempts to restore his money back. He also warned his audiences to conduct any kind of business with the bank at their own risk. In addition, he had one last two worded message for the bank that lost his money.

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Dibella was certainly not happy with his current bank to the point he had to publically call them out. However, this is understandable given that he is a boxing promoter and does business involving a lot of moving parts.

He will now be looking to change his bank and will be more than happy to part ways with Captial One after this debacle.

WATCH THIS STORY: These 5 Boxers Lost Over 4 Million in Fines

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What did you think about Capital One losing Dibella’s money? Let us know in the comments.

 

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Written by:

Sahil Sood

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Sahil Sood is a Boxing writer at EssentiallySports. He earned his Bachelor’s degree in journalism and mass communication, and holds a keen interest in the 'sweet science'. His journey towards following boxing began when he first saw the highlights of Mike Tyson as a teenager, and then closely followed the rise of Floyd Mayweather.
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Edited by:

Arijit Saha