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An Orange County entrepreneur admitted to defrauding investors of $248 million, including a disputed payment to Kawhi Leonard.
An Orange County entrepreneur has admitted to conspiring to defraud investors of $248 million, according to multiple Southern California news outlets.
The case centers on his firm’s financial practices, including a significant payment made to NBA star Kawhi Leonard, which is now under investigation.
The payment has drawn scrutiny as part of broader allegations of misusing investor funds.
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Un empresario del Condado de Orange admitió haber defraudado a inversionistas de $248 millones, incluyendo un pago en disputa a Kawhi Leonard.