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Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 4:37 pm
by Junior
Tommy Tuberville accused of defrauding investors of over $1.7 million
http://www.dallasnews.com/sports/colleg ... illion.eceAssociated Press
Associated Press The Dallas Morning News
Published: 28 February 2012 02:21 PM
LUBBOCK , Texas — Texas Tech coach Tommy Tuberville is being accused of defrauding investors out of more $1.7 million in Alabama following his tenure at Auburn.
A federal lawsuit filed Friday in Montgomery, Ala., names Tuberville, John David Stroud and eight investment entities as defendants, claiming the two men “employed devices, schemes, and artifices to defraud” seven plaintiffs from Arkansas, Alabama and Tennessee.
The suit says Tuberville and Stroud misappropriated assets, and falsified client statements and fund performance reports as they “unjustly enriched themselves” at the expense of the investors.
Tuberville, who spent two seasons away from coaching after leaving Auburn in 2008, did not immediately return a message left with Texas Tech seeking comment.
Re: Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 4:38 pm
by Junior
somewhere, mike leach is laughing his [Gary Patterson] off...
Re: Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 4:50 pm
by SmooBoy
Wonder how many TT boosters and fans are listening to an endless loop of Cher's "If I Could Turn Back Time."
Re: Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 5:19 pm
by Ponyx2
As evidenced by his record, some in Lubbock would say he is defrauding Texas Tech by pretending to coach football.
Re: Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 5:43 pm
by Top Twenty
He may not make the opener.
Re: Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 6:15 pm
by Digetydog
Junior wrote:Tommy Tuberville accused of defrauding investors of over $1.7 million
http://www.dallasnews.com/sports/colleg ... illion.eceAssociated Press
Associated Press The Dallas Morning News
Published: 28 February 2012 02:21 PM
LUBBOCK , Texas — Texas Tech coach Tommy Tuberville is being accused of defrauding investors out of more $1.7 million in Alabama following his tenure at Auburn.
A federal lawsuit filed Friday in Montgomery, Ala., names Tuberville, John David Stroud and eight investment entities as defendants, claiming the two men “employed devices, schemes, and artifices to defraud” seven plaintiffs from Arkansas, Alabama and Tennessee.
The suit says Tuberville and Stroud misappropriated assets, and falsified client statements and fund performance reports as they “unjustly enriched themselves” at the expense of the investors.
Tuberville, who spent two seasons away from coaching after leaving Auburn in 2008, did not immediately return a message left with Texas Tech seeking comment.
Why would anyone in their right mind think that a college football coach would be a great investment manager? Why not the golf pro or your hair stylist?
Re: Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 6:50 pm
by Junior
Digetydog wrote:Junior wrote:Tommy Tuberville accused of defrauding investors of over $1.7 million
http://www.dallasnews.com/sports/colleg ... illion.eceAssociated Press
Associated Press The Dallas Morning News
Published: 28 February 2012 02:21 PM
LUBBOCK , Texas — Texas Tech coach Tommy Tuberville is being accused of defrauding investors out of more $1.7 million in Alabama following his tenure at Auburn.
A federal lawsuit filed Friday in Montgomery, Ala., names Tuberville, John David Stroud and eight investment entities as defendants, claiming the two men “employed devices, schemes, and artifices to defraud” seven plaintiffs from Arkansas, Alabama and Tennessee.
The suit says Tuberville and Stroud misappropriated assets, and falsified client statements and fund performance reports as they “unjustly enriched themselves” at the expense of the investors.
Tuberville, who spent two seasons away from coaching after leaving Auburn in 2008, did not immediately return a message left with Texas Tech seeking comment.
Why would anyone in their right mind think that a college football coach would be a great investment manager? Why not the golf pro or your hair stylist?
well, my golf pro is e. f. hutton...
Re: Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 7:13 pm
by Mexmustang
You guys have it all wrong. Tommy did nothing wrong, he just didn't return the unused portion of Auburn's recruiting slush fund. Like politicians keeping their unused campaign contributions when they leave office.
Re: Tommy Tuberville accused of defrauding investors
Posted: Tue Feb 28, 2012 7:17 pm
by mrydel
Mexmustang wrote:You guys have it all wrong. Tommy did nothing wrong, he just didn't return the unused portion of Auburn's recruiting slush fund. Like politicians keeping their unused campaign contributions when they leave office.
I could actually believe this.
Re: Tommy Tuberville accused of defrauding investors
Posted: Wed Feb 29, 2012 11:19 am
by westexSMU
Man, the Tubervilles have had their troubles. Also, Tommy's wife ran a red light back in Nov. 2011 in Lubbock. She hit an older guy's car who obtained a head injury in the accident, and the guy died last week from the injuries. No charges have been filed yet but...
Re: Tommy Tuberville accused of defrauding investors
Posted: Wed Feb 29, 2012 12:21 pm
by EastStang
Sand Aggies will protect her unless of course the powers that be in Lubbock want them gone.
Re: Tommy Tuberville accused of defrauding investors
Posted: Wed Feb 29, 2012 1:00 pm
by Paladin
All of this, exactly as was planned by Craig James.....
Re: Tommy Tuberville accused of defrauding investors
Posted: Wed Feb 29, 2012 1:52 pm
by StallionsModelT
Worthless college in a worthless place.