Another cautionary tale on big earners and misplaced financial trust

According to a recent study by Ernst & Young, pro athletes claimed nearly $600 million in total fraud-related losses between 2004 and ’18. But that figure is based on only 35 cases available in public court documents, the alleged victims of which include Tim Duncan, Mark Sanchez, Roy Oswalt and McCants’s guardian angel, Garnett. It likely represents a small fraction of the actual damage. “Extrapolating from what I know,” says Steve Spiegelhalter, a former federal prosecutor who cowrote the E&Y report, “it certainly exceeds $1 billion. It’s just not discovered. See: The Peggy Show. She won athletes’ hearts.  And then robbed them blind.

Here is a direct video link.