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Old 07-02-2018, 04:30 AM
hfy962464 hfy962464 is offline
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The agent for a handful of NFL players has been charged with mail fraud and accused of trying to swindle his clients out of millions of dollars he claimed would be invested in 13 Burger King franchises across Virginia. Brent Burns Jersey .Vinnie Porter, who is certified by the NFL Players Association and listed as the agent for six players, including New England Patriots running back Jonas Gray, was arrested along with Joseph Vaccaro, a New York-based financial adviser. The arrests late in 2014 were first reported by the website The Smoking Gun, which also reported they have pleaded innocent and are scheduled to appear in court on Feb. 2 the day after the Super Bowl.According to a federal complaint filed in San Diego, the two told their clients that they needed $20 million to buy 50 per cent of the fast food franchises even though the actual cost for the whole deal was $16 million. The two, along with a third person working with the FBI as a confidential informant, were to split the extra $4 million and then continue to draw profits through their concealed half-ownership.Although Porter is listed on the NFLPA website as Grays agent, The Smoking Gun quoted Porter as saying Gray recently fired him. Porter, who did not respond to an email from The Associated Press seeking comment, is listed as the representative for five other NFL players, mostly on practice squads; the NFLPA site says he has negotiated eight NFL contracts.The players union said it had been in contact with law enforcement on the issue. We are reviewing the facts and will take appropriate action, NFLPA spokesman George Atallah said.Vaccaro is not certified by the NFLPA as a financial adviser, Atallah said.Porter was a co-founder of Elevate Sports Management along with Alex Hicks, the son of former Texas Rangers owner Tom Hicks. The company also represents baseball players, including Arizona Diamondbacks reliever Zake Spruill.Vaccaro is the founder of Dynasty Management, which bills itself as a state of the art business management platform for athletes and entertainers. The firms website lists as a client relationship director Leonard Marshall, a defensive lineman who won two Super Bowls with the New York Giants in 1987 and 91.According to the complaint, Vaccaro and Porter were recorded telling the confidential informant that they could raise $20 million for the $16 million deal, clearing $4 million immediately and another $2.5 million a year in profits.My big thing is, these guys would (expletive) us in a heartbeat, Vaccaro was quoted as saying. So if Im going to have a player, Im going to make as much money as I can make because I run the risk of him firing me at any time for no reason.The informant asked if they were cool not disclosing, not telling, lying, whatever you want to call it, about the kickbacks, the structure, anything like that.Yeah, Porter responded, wed all be committing suicide. Jannik Hansen Jersey . On the eve of the 2013-14 NBA season, he can finally take a step back and allow his team to do the talking. San Jose Sharks Jerseys . The Toronto Maple Leafs forward and Nashville Predators goaltender highlighted Mondays waiver transactions, with Calgarys Chuck Kobasew and Edmontons Philip Larsen also being placed on waivers. . TSN 1290s Jordan Cieciwa, Big Marv and Toby are here to give their predictions on who will leave with the belt and who will take some of the other key bouts on the card. Johny Hendricks vs.JEREZ, Spain -- Formula Ones sweeping rule changes may be contributing to defending champion Red Bulls dismal start to the preseason. The smaller teams just dont see his troubles transferring into a major shift in the balance of power this season. F1 decided to overhaul its rulebook after the 2013 season, when Sebastian Vettel paraded his Red Bull to victory in the last nine races to win his fourth consecutive title. However, team bosses and chief engineers told The Associated Press that the move to more expensive turbo engines, as well as numerous other changes, will only reinforce the dominance of the front-runners who are better equipped to absorb the increased costs and have money left over to spend on other aspects of their vehicles. Many of those who help run the teams that rarely, if ever, reach the podium expect the gap between the top and bottom to only get bigger. Williams chief technical officer, Pat Symonds, said the best way to encourage parity was not through change, but rather by creating "stability" that would level the technological playing field. "If you stir up the rules to make it economically more difficult, absolutely no, you are not going to make the racing closer," he said. Symonds spoke to the AP in Williams hospitality tent pitched at the end of a row of the other teams luxurious motorhomes at the Jerez track, where preseason testing is being held until Friday. Symonds joined Williams this season from struggling Marussia to help in what he called a rebuilding of the team, whose ninth and last constructors title came in 1997, last grand prix victory was in 2012, and which earned just five points last year. "Changing to the 2014 power unit and then running the 2014 power unit is very significantly more expensive than it was prior," Symonds said. "Now that hits the smaller and the mid-sized teams much harder than it does the big teams." Force India deputy team principal Bob Fernley said his team and others agreed. "The disparity between the teams that are lower down the grid annd the ones at the front is also connected to how much you can spend on development," Fernley said. Justin Braun Jersey. "We are all having to spend roughly 100 million euros ($135.74 million) to go racing; thats to build a car, to go to each of the 19 races. So whatever youve got above that is your development. So if youve got 10 million and Ferrari have got 100 million, theres always going to be a difference." Besides switching to a 1.6-litre V6 turbo engine from last years 2.4-litre V8 engine, the rule changes focus on boosting cars energy recovery systems, and alter their fuel limit, weight, and body. F1 also decided to award double points to the seasons last race to keep the title race alive, and fans and TV audiences interested. Caterham team principal Cyril Abiteboul called the double points decision an "artificial" fix to try to increase competition in appearance, while not in reality. Abiteboul said he supported the move to push innovation in F1 so that it could continue its mission of "preceding the automobile industry." But he said applying so many changes in one year instead of over two or three hurts smaller teams like Caterham, which didnt win a point in its first two seasons. For both Fernley and Abiteboul, the new regulations put more importance on the engine manufacturers: Renault (Red Bulls engine maker), Mercedes and Ferrari, who in addition to having their own factory teams, also sell engines to the other eight teams. For a smaller team "to win a race I think is a little bit extreme," Abiteboul said. "That would really only happen if one of the three engine manufacturers we have this season has a real performance advantage on the other two, firstly, and even if that happens I would expect that the factory team of that engine manufacturer would have an edge." Although Red Bull has managed just 14 laps through three days of testing due to engine problems, it should still be in fine shape come season end. The season begins with the Australian Grand Prix on March 16. Wholesale NFL Womens Jerseys Jerseys Wholesale Cheap Nike NFL Jerseys Discount NFL Jerseys Cheap Nike NFL Jerseys Nike NFL Jerseys China Stitched Jerseys ' ' '
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