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Source:
Los Angeles Times
Los Angeles Times
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Pro Football Hall of Famer Emmitt Smith is accused in a Delaware lawsuit of participating in a scheme that defrauded a Native American investment firm of over $2.5 million. The lawsuit alleges Smith, his business partner David Mosley, and their company misused loan funds intended for a Texas renewable energy project, instead diverting the money to another partner in a manner resembling a Ponzi scheme. The firm, Kituwah LLC, claims the funds were not repaid despite the loan due date passing and seeks more than $3 million in damages.
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