Duncan's financial advisor (Banks) sentenced to 4 yrs, owes Timmy $7.5M

[Dex]

880120383663464449

880122846462316544

Glad Timmy is getting his money back. You don't do Groundhog Day like that.

[spurraider21]

i would imagine collections would be a bitch, though

[rastaspur]

He won't see a dime

[Dex]

He won't see a dime

Maybe, maybe not. Banks will never be a citizen if he doesn't pay up, though.

If he simply can't pay up, he will be crippled financially, and that's what he deserves.

[rastaspur]

Maybe, maybe not. Banks will never be a citizen if he doesn't pay up, though.

If he simply can't pay up, he will be crippled financially, and that's what he deserves.

If there was voluntary restitution on the front end, which I don't know if that occurred, then he might get a small chunk back.

Expecting voluntary payment on the back end of it isn't going to make him whole. That almost never happens in fraud cases.

His best chance is to levy and sale assets, if any.

I handle securities law and fraud actions on occasion and the victims always wind up with pennies on the dollar normally. Used to primarily handle securities law and tax law matters but have a general practice now after going into business on my own.

The best way to make victims whole would be as part of a plea agreement where the defendant volunteers to pay restitution and it's ordered and encompassed as part of the agreement. You get the defendant to pay on the front end voluntarily for a reduced sentence. Pretty standard if the defendant is in a position to pay restitution. Makes the victims happy.

Doesn't sound like that occured. Being ordered to pay restitution means nothing. Collecting is the hard part.

In a recent case a lady stole 250k from her employer. Plead guilty. Spent a handful of months in prison and was out.

She has paid on average about $244 per year in restitution over a 5 year period. If she outlived yoda she wouldn't even pay it back at that rate. So she just pays tiny amounts so as to not get her probation revoked.

Tried to garnish her wages and she just quit her job. Can't get to any assets because everything is in her husband's name.

That's how these deals usually play iut. It's sad

[cd98]

Paper with IOU? I think he can earn like a quarter a day in prison. 4 years won't be enough.

[TimDunkem]

880183727027965952

[rastaspur]

880183727027965952

K.g. is a bitch. I would like to fight him. I really would.

[cd98]

880183727027965952

Awe, Banks will get more affection in prison. Is that KG's hand reaching for Bank's wallet?

[rastaspur]

Awe, Banks will get more affection in prison. Is that KG's hand reaching for Bank's wallet?

Sleeve color indicates it's someone else's hand.

Timmy putting that long reach to use. Hope he got that wallet and slapped Kg in the back of the head like garnett did to him back in the day.

[ace3g]

https://www.youtube.com/watch?v=61Tv-8CSYyY

[TimDunkem]

Damn. Tim has aged like 15 years in 7 months.

[RD2191]

Tim aging like he lost the one ring and shit.

[RD2191]

KG is such a bitch made faggot. Fucker will always be in Tim's shadow, fuck that clown.

[cd98]

Damn. Tim has aged like 15 years in 7 months.

Bet he could outrun LMA right now, tho.

[HarlemHeat37]

Looking like the Black Brett Favre, tbh..

[Spur|n|Austin]

lol wow so that's why KG's bitch ass was there, what a clown shoe.

[dabom]

lol wow so that's why KG's bitch ass was there, what a clown shoe.

[dbreiden83080]

Damn. Tim has aged like 15 years in 7 months.

It's just that ugly beard he grew. Needs to shave that shit. Will cut off like 5 years..

[TimDunkem]

It's just that ugly beard he grew. Needs to shave that shit. Will cut off like 5 years..
Dunno. Looks like the San Andreas Fault appeared on his forehead.

[TheDoctor]

Damn. Tim has aged like 15 years in 7 months.

Gotta show you what insane and extreme physical activity can do to your body. An anti-aging effect.

[Budkin]

Obviously KG there supporting the scam artist against Tim. Those two DESPISE each other.

[DAF86]

You are shitting me that KG was there to be on TD's opposing camp. You can't make this shit up. :lol

[Snaq O'Meal]

Sleeve color indicates it's someone else's hand.

Timmy putting that long reach to use. Hope he got that wallet and slapped Kg in the back of the head like garnett did to him back in the day.

Was it that scuffle when DRob tossed KG aside like a rag doll?

[rastaspur]

Was it that scuffle when DRob tossed KG aside like a rag doll?

The same. Started with Joe smith and d rob I believe.

[spurs10]

lol wow so that's why KG's bitch ass was there, what a clown shoe. You are too kind sir! :lol
"Clown shoe" indeed!

[DMC]

If there was voluntary restitution on the front end, which I don't know if that occurred, then he might get a small chunk back.

Expecting voluntary payment on the back end of it isn't going to make him whole. That almost never happens in fraud cases.

His best chance is to levy and sale assets, if any.

I handle securities law and fraud actions on occasion and the victims always wind up with pennies on the dollar normally. Used to primarily handle securities law and tax law matters but have a general practice now after going into business on my own.

The best way to make victims whole would be as part of a plea agreement where the defendant volunteers to pay restitution and it's ordered and encompassed as part of the agreement. You get the defendant to pay on the front end voluntarily for a reduced sentence. Pretty standard if the defendant is in a position to pay restitution. Makes the victims happy.

Doesn't sound like that occured. Being ordered to pay restitution means nothing. Collecting is the hard part.

In a recent case a lady stole 250k from her employer. Plead guilty. Spent a handful of months in prison and was out.

She has paid on average about $244 per year in restitution over a 5 year period. If she outlived yoda she wouldn't even pay it back at that rate. So she just pays tiny amounts so as to not get her probation revoked.

Tried to garnish her wages and she just quit her job. Can't get to any assets because everything is in her husband's name.

That's how these deals usually play iut. It's sad
Wait... she got a job after stealing 250K from her previous employer? Who hired her, Lakers?

[DMC]

Bet KG doesn't front the 7.5M

[rastaspur]

Wait... she got a job after stealing 250K from her previous employer? Who hired her, Lakers?

A highly reputed lawfirm did. A real head scratcher. Her dumb ass then decided to go to lawschool when she quit that job.

If I had to take a guess, she probably banged her way into that job. She was hot. Hot chicks can pull some shit like that off.


Waste of money. I doubt that one state would even let her sit for the bar exam with a felony like that on her record.

[100%duncan]

Damn Timmy my boy what happened to you

[DMC]

Basically she's never passed a bar.

[rastaspur]

Basically she's never passed a bar.

State bar associations typically do extensive background checks. If you have bad credit with alot if unpaid debts they often times won't even let you take the exam. The rationale being if you can't manage your own money then chances are you might be dishonest or unable to manage your client's money.

You get convicted for fraud, embezzlement, etc. and chances are no state will ever let you practice law in their jurisdiction. They won't even let you take the test.

She is in lawschool now and was just a secretary at the lawfirm.

[davidbowie]

is the story about kg telling tim happy mothers day knowing she had passed true?

[Snaq O'Meal]

is the story about kg telling tim happy mothers day knowing she had passed true?

Yup, all true. That's exactly the type of person KG is.

[davidbowie]

what a total loser

[dbreiden83080]

You are shitting me that KG was there to be on TD's opposing camp. You can't make this shit up. :lol

Not like he and Tim ever really had much of a rivalry. His teams were never good enough to really challenge Tim's in the playoffs. 2004 was as far as the comparisons went. That was KG's best year..

[BatManu20]

You are shitting me that KG was there to be on TD's opposing camp. You can't make this shit up. :lol

:lol

Forever blood rivals, tbh.

[BatManu20]

What's going to be sweet is when Timmy and KG go into the Hall of Fame together on the same ballot, and Garnett has to sit there in the front row while Timmy is introduced as the Greatest PF of all Time. :tu

[Phenomanul]

What's going to be sweet is when Timmy and KG go into the Hall of Fame together on the same ballot, and Garnett has to sit there in the front row while Timmy is introduced as the Greatest PF of all Time. :tu

Frankly i wanted a Duncan comeback only so that Duncan wouldn't have to share any limelight on the HoF stage with that cantankerous fool (KG) and the egomaniac (Kobe).

[cd98]

You are shitting me that KG was there to be on TD's opposing camp. You can't make this shit up. :lol

As per his days in the NBA, Tim's side won and Garnett's side lost.

[playbonner15]

No. From what I heard, KG was called by the court because he and Timmy invested in the same company, Gameday Inc, that Banks the financial advisor ran. They both know Banks but it looks like Timmy was the one who lost the most money. KG was there to support the allegations re:Gameday that Timmy made. KG hugging Banks might be an im sorry bitch nigga hug

[playbonner15]

My bad. KG was there to defend Banks since KG was Banks' main investor for Gameday

[Chinook]

880183727027965952

http://www.espn.com/nba/story/_/id/24599178/kevin-garnett-sues-accountant-77m-lost-wealth-manager

KG looks like even more of a chode after the news came out that he's suing the same firm for screwing him over. In fairness, he didn't include Banks in particular in the accusation, but it's still weird AF.

[Allan Rowe vs Wade]

Holy smokes $77M! compared to Timmy's $7.5M

Garnett's court numbers eclipsing Duncan's per par

[exstatic]

Holy smokes $77M! compared to Timmy's $7.5M

Garnett's court numbers eclipsing Duncan's per par

Pretty much a statistical standoff, actually. Where it counts: regular season - Tim 27-17 : Post season - Tim 6-2

https://www.basketball-reference.com/play-index/tiny.fcgi?id=MEfSw

[james evans]

hahaha

[cd98]

Yikes. KG must need to unretire.

[exstatic]

Yikes. KG must need to unretire.

Not if this is only fool's errand. He pulled $343M over his career.