Categories: In the Bleachers

Financial advisors attempt to embezzle millions from NFL star Dwight Freeney

The catch 22 of being a professional athlete. You’re paid an incredible amount of money over a short period of time that in theory should be able to sustain you through the bulk of your adult life. Of course you higher professionals to handle those finances. But what happens if you end up in a situation like Indianapolis Colts star Dwight Freeney.

According to a Federal complaint unearthed by TMZ, two Bank of America employees- who also happened to be dating-Eva D. Weinberg and Michael A. Stern were skimming millions out of Freeney’s account.

According to the docs, Weinberg is a financial advisor at Bank of America who worked with Freeney, controlled several of his accounts, and introduced him to Stern … also a financial advisor. 

The feds claim Weinberg and Stern did major damage between May 2010 and October 2011 — making $2.2 million in fraudulent transfers from Dwight’s accounts to Arms Reach Consulting — a company controlled by Stern. .

Freeney finally noticed something odd with the transfers and got the FBI involved. This is why it’s important to always personally review your accounts and transactions every month.

One FBI investigator says some of the items Weinberg and Stern purchased with Freeney’s cash include expensive sunglasses, stays in luxury hotels, and — best of all — they planned to buy a private jet for $1.5 million!

According to the docs, agents even heard Stern brag on the phone … “no one would be able to connect him to the [consulting] account if the wire transfers were investigated.”


Weinberg was arrested in LA. Stern in Miami. Scary stuff. Glad the plot was uncovered.

Jill Munroe

Jill Munroe is a Los Angeles-based host, producer, and writer. You can find her work on sites such as FoxSports.com, EURweb.com, and MSN.com. Munroe is a current member of the African-American Film Critics Association and the National Association of Black Journalists. Munroe has also been a frequent guest on ESPN radio and Yahoo Sports. In 2015, Munroe released her first book, "PostGame Pass: access into "the life" JillMunroe.com

Share
Published by
Jill Munroe

Recent Posts

‘Reasonable Doubt’ Season 2 Hulu Tackles Friendship, Power & Secrets | Exclusive with Raamla Mohamed & Emayatzy Corinealdi

Hulu's *Reasonable Doubt* highly anticipated second season delivers a complex mix of courtroom drama, personal…

2 weeks ago

Frasier Reboot Season 2: How Olivia, Eve, and Roz Redefine Strong Female Characters | Watch on Peacock

The *Frasier* reboot on Peacock returns for its second season, bringing back the beloved character…

3 weeks ago

Puff Daddy, Hugh Hefner, and 70s Rock Icons: Two Sides of the Same Coin?

The lifestyles of music and media moguls, from rock stars of the 1970s to hip-hop…

4 weeks ago

Zoë Kravitz on Directing ‘Blink Twice’: Exploring Paradise, Danger, and Feminist Themes

Zoë Kravitz on Directing 'Blink Twice': Crafting Tension in Paradise Zoë Kravitz has stepped behind…

4 weeks ago

Diddy’s Explosive New Lawsuits: Drugging, Assault, and Voodoo Tattoo Connection

Sean "Diddy" Combs has found himself at the center of a storm, with new allegations…

4 weeks ago

“Seeking Mavis Beacon:” A Cultural Icon Who Was Never Real

The mystery behind Mavis Beacon, the face of the beloved 1980s typing software, has intrigued…

2 months ago

This website uses cookies.