NBA players reportedly among those defrauded in $18 million scam

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Despite the perception of some, plenty of NBA players are smart about their money. Like anyone who makes seven or eight digits, the smart players want to put that money to work to make more money (I’m told, I don’t exactly know that first hand). They are looking for investments.

And like a number of wealthy folks, sometimes they get scammed.

Federal financial regulators broke up an alleged $18 million scam by Success Trade Securities selling fraudulent and unregistered promissory notes. And it turns out a number of NFL and NBA players — among them the Pistons’ Brandon Knight — were among those scammed. Yahoo Sports has the details.

On the heels of regulators red-flagging a potential $18 million scam last week, multiple federal agencies are probing investments sold to NFL and NBA players, Yahoo! Sports has learned.

According to multiple sources that spoke to Yahoo! Sports on the condition of anonymity, several professional athletes have either been contacted or been urged to contact investigators from the U.S. Department of Justice, the FBI and the U.S. Securities and Exchange Commission.

Apparently Jade Management — a company who helps handle the finances of some professional athletes —recommended the Success Trade Securities bonds. Jade’s officials claim they did not personally profit from the deals, either way this certainly will not help their business reputation.

Jade Management founder Jinesh “Hodge” Brahmbhatt told Yahoo! Sports his firm had more than 30 athletes who purchased high interest investments that FINRA now says were fraudulent. Some of those investments purportedly generated interest returns between 11 and 26 percent.

File this in your “if the deal sounds too good to be true…” folder.

By the way, if you’re saying this happens to athletes and not people who know money I have two words for you: Bernie Madoff.

Klay Thompson, Andre Iguodala questionable for Game 5

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Andre Iguodala missed the Warriors’ Game 4 loss to the Rockets with a leg injury.

It’s not certain he – or Klay Thompson, who played through a knee injury suffered in Game 4 – will be available for Game 5 tomorrow.

NBC Sports Bay Area:

Klay Thompson, who suffered a left knee strain during the first half of Game 4, is listed as questionable, the team announced Wednesday afternoon.

Iguodala missed Game 4 with a left lateral leg contusion and is questionable for Game 5.

Anthony Slater of The Athletic:

Warriors coach Steve Kerr on Iguodala:

He’s feeling a little better today, and he’s out on the floor. Not doing a whole lot, but making progress.

Kerr on Thompson:

Klay is moving around really well. I think Klay is going to be fine.

That sounds better than “questionable” for Thompson.

The Warriors need one, maybe both, of those two on the court. Golden State’s depth, especially on the wing, is looking shaky.

In Game 4, Golden State outscored Houston by 20 in the 31 minutes Stephen Curry, Thompson, Kevin Durant and Draymond Green played together. In the in the 17 minutes they played without even one of those stars, the Warriors got outscored by 23. Nick Young, who received more playing time when Thompson left the court area due to his injury, looked particularly overwhelmed.

James Harden‘s defense is a huge bellwether in this series. The Warriors spend a lot of focus trying to exploit him, and if that fails, the shot clock gets low before they move into another action. If Thompson is even just slowed, that’d make it easier for Harden to keep up.

Milwaukee releases video of police tasing and arresting Bucks guard Sterling Brown

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Bucks guard Sterling Brown was tased and arrestedbut not charged – over a parking violation in January.

As promised, Milwaukee released video of the incident.

Ashley Luthern of the Milwaukee Journal Sentinel:

Brown:

Bucks statement:

The abuse and intimidation that Sterling experienced at the hands of Milwaukee Police was shameful and inexcusable. Sterling has our full support as he shares his story and takes action to provide accountability.

Unfortunately, this isn’t an isolated case. It shouldn’t require an incident involving a professional athlete to draw attention to the fact that vulnerable people in our communities have experienced similar, and even worse, treatment.

We are grateful for the service of many good police officers that courageously protect us, our fans and our city, but racial biases and abuses of power must not be ignored.

There needs to be more accountability.

The Milwaukee Police Department and local officials have acknowledged the challenges they are working to address, and we urge them to enact higher standards and more direct accountability. We all want to be able to trust each and every officer serving to protect us.

Incidents like this remind us of the injustices that persist.  As an organization, we will support Sterling and build on our work with local leaders and organizations to foster safe neighborhoods and better our community.

The video isn’t jarring due to its unfortunate familiarity – particularly compared to the many videos we’ve seen of police brutality around the nation. The scene is far too familiar. Police escalate a situation and enact violence upon someone they encounter, disproportionately minorities.

The most shocking element of this incident is the response – how the police chief acknowledges his offers acted inappropriately and how STRONGLY the Bucks stand behind Brown. That is one sharply worded statement from the team.

Hopefully, this sparks change.

Joel Embiid: Aron Baynes (‘Man bun’) ‘in NBA just to get dunked on’

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During the second round of the NBA playoffs, Heat guard Goran Dragic slighted 76ers rookie Ben Simmons. That came after Philadelphia eliminated Miami in the first round.

The procession of disses continues with 76ers center Joel Embiid mocking Celtics center Aron Baynes during Game 4 of the Eastern Conference finals Monday. Boston, of course, eliminated Philadelphia in the previous round.

Embiid:

Baynes has gotten dunked on a lot this year – including by Embiid in the playoffs. The two also got into it during their second-round series.

But Baynes has the big edge: He’s still playing.

Though Embiid would like to be in the playoffs, that’s not his only goal. He also wants attention. So, mission accomplished, I guess.

Watch James Harden demolish Draymond Green with dunk (video)

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It got buried by a – finallyclose finish, but James Harden‘s dunk over Draymond Green in the Rockets’ Game 4 win over the Warriors last night was spectacular.

Because the foul was called early in the play, Green essentially had free reign to do anything sub-flagrant to Harden during continuation. There wouldn’t have been a second personal foul called.

Harden dunked anyway, an amazing display of athleticism and will.