BrightLights + Blog

 

The intersection of finance, fraud, and the sports & entertainment industry.

 

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Why Financial Advisors Defraud Pro Athletes

Lonzo Ball's Family and Friends & The NBA's Problem


Kevin Garnett Supports Fraudster, Loses $77 Million to Said Fraudster

The State of Financial Fraud in Professional Sports


Is Anyone in the Sports World Listening?

What Andre Iguodala and Vince Carter Said


BrightLights' Presentation at the NCAA's Elite Student-Athlete Symposium for Men's Basketball

BrightLights Podcast with AWM Capital


A Complaint on SEC Complaints...on Behalf of Investors

83 advisers with 18,000 accounts and $1.62 billion in assets were charging excessive fees, fraudulently trading, or practicing without registrations...yet the SEC names none of them. Why?

BrightLights Turns One Year Old: Looking Back on the First Year of a Startup


Dear (Good) Agents, Here's Why You Need BrightLights

In Your Own Words - Chris Bosh


What Should I Be Doing with My Investments?

Regulators Retreat & Our Financial Protection Depletes


Not Even Marvel Comics Legend Stan Lee Is Safe from Elder Fraud

Albert Haynesworth - In Your Own Words

In Your Own Words - Albert Haynesworth


Warren Buffett Beats Hedge Funds with an Index Fund & Warns Against Debt

Case Study: Charles Barkley Defrauded $4 Million by Personal Friend and Business Advisor


Pro Athletes Should Ensure They Have the Right Financial Team Around Them

BrightLights Featured in Pro Athlete's Website, A Frugal Athlete


In Your Own Words - Kareem Abdul-Jabbar

The Cleveland Browns Owner and His Company's $56 Million Fraud


In Your Own Words - Nnamadi Asomugha

Case Study: Jake Peavy, Roy Oswalt, and Mark Sanchez Defrauded $30 Million by Financial Advisor


Locket and Time

Case Study: Alyssa Milano Sues Business Manager $10 Million for Fraud

Abacus

Case Study: Scotty Gets a Variable Annuity


Scale

BrightLights = Risk Management for Professional Athletes' Finances

Counting Money

What Can Pro Athletes Learn from Paul Manafort's Indictment? Follow the Money.


Maze

Johnny Depp Sues Lawyer for $30 Million in Damages

First his business manager, now his lawyer. What other professionals of Depp's are left?

Basketball and Inequality

The Cost of Bribery and Corruption in the NCAA


Locks

Secrets To Us All: Radio DJ Defrauds Investors $5.6 Million

Paper Boats

The Costs of Financial Advice: Pro Athletes Must Choose a Financial Advisor


Deserted Basketball Court

Case Study: How Did Charles Banks Defraud Tim Duncan?

Dice

46 Reasons Why Athletes Must Monitor Their Finances


Multiple Identical Doors

Case Study: Investment Adviser Defrauds Pro Athlete and His Wife

Reflection of a Lone Tree

A Pro Athletes Financial Advisor: Broker or Investment Adviser?


Lookout Telescope

Case Study: Johnny Depp Sues Business Manager for $25 Million Fraud

Lone Tree in Drought

Financial Fallout from CTE - Fraudsters Find Another Target


Crumbling Sandcastles

Case Study: The Fyre Festival - Why Private Investments Can Be So Risky

Forest Fire

Case Study: Clinton Portis Defrauded and Bankrupt


Eiffel Tower

The Fraud Triangle and Professional Athletes

The Cost of Fraud in U.S. Professional Sports

By my estimate, pro athletes lose $300 million to fraud every year.


Matrix Code

Where Is the Data on Fraud with Professional Athletes?

Corporate Buildings in Blue

My Time at Merrill Lynch and FINRA


Rivers and Sunset

Why the Name BrightLights?