Thursday, 25 April 2013

Reuters: Business News: Investment firm founder charged with trying to defraud NBA union

Reuters: Business News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Investment firm founder charged with trying to defraud NBA union
Apr 26th 2013, 00:42

NEW YORK (Reuters) - The founder and managing director of Prim Capital Corporation has been charged with attempting to defraud the National Basketball Association players' union out of $3 million with a bogus contract, federal prosecutors in Manhattan said.

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