BrightLights + Blog
The intersection of finance, fraud, and the sports & entertainment industry.
“REP 1 is built on integrity and protecting clients’ interests,” said Ryan Tollner, CEO of REP 1 Sports, “and this partnership with BrightLights strengthens our mission and provides an independent advocate for our clients to ensure their financial success well into retirement.”
"We are constantly looking at ways to enhance our client representation services," said Joby Branion, Founder/CEO of Vanguard Sports Group. "This alliance with BrightLights supports that mission and provides needed checks and balances for our clients' finances that will help ensure their success while playing and into their retirement."
This is one of the weirdest cases of fraud against a pro athlete, a testament to the huge role our psychology plays in fraud, one where Garnett’s trust of someone can be so omnipotent that he’s blind to reality and risk.
"What followed was the sound of silence. Though there are thousands of professional investment managers who have amassed staggering fortunes by touting their stock-selecting prowess, only one man – Ted Seides – stepped up to my challenge.”
First his business manager, now his lawyer. What other professionals of Depp's are left?
By my estimate, pro athletes lose $300 million to fraud every year.