5 Years After Being Duped of $77 Million, Celtics Legend Kevin Garnett Unearths 113 YO Financial Conspiracy Theory: “Tells You Everything”
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The Basketball Hall of Famer Kevin Garnett is continuing on his journey of quashing conspiracy theories. He is now back with another one to add to his amazing social media presence. In the year 2018, he filed a lawsuit against his accountant, Michael A. Wertheim, and his firm for robbing almost $77 million.
According to Garnett, Wertheim worked with banks in close communication about the forward’s allowances. Reminiscing about the time, he recently shared an interesting discovery on his Instagram handle.
Kevin Garnett’s take on Financial Conspiracy
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Even after his retirement, The Boston Celtics ‘Big Ticket’ is keeping his fans amazed with nuggets of information to dig a little deeper. In one of his latest Instagram stories, he shared a video with the title – ‘The Truth About Banks’, boiling out the speculation that the US Federal Reserve might be a privately owned system.
Garnett’s caption – “Gotta love history… tells you everything” reflects that he is an enthusiast in unraveling conspiracy theories related to history. The video shared by Garnett revealed some information regarding how the US Federal Reserve was created through secret legislation in 1910, is a financial conspiracy against the public. According to the theory, the Reserve is intentionally milking out people’s hard-earned money for their personal gains.
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In this context, he had his own experience in 2018 when he filed a lawsuit, alleging that his accountant, Michael Wertheim, and Welenken CPAs helped Wealth Manager Charles Banks IV steal money from Garnett through his business dealings.
Charles Banks has a long history of financial scams
According to Garnett’s complaint, Wertheim knew that Banks was stealing millions of dollars from Garnett’s funds and still didn’t take action. However, Banks was no rookie.
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In 2017, Banks was sentenced to four years in federal prison in 2017 for duping Tim Duncan. Prior to that, Charles Banks was Duncan’s financial advisor for more than a decade years. Banks persuaded Duncan to invest nearly $7.5 million in a private company named Gameday Entertainment.
Interestingly, Banks was Gameday’s main stakeholder and was also the chairman of its Board of Directors. This gained him around 42% ownership of the business. Moreover, when Gameday needed additional funding, Banks tricked Duncan into personally guaranteeing a grant of $6 million.
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What are your thoughts on this conspiracy? Tell us about it in the comments.
Edited by:
Debmallya Chakraborty