Big Baller Brand Co-Founder Under FBI Investigation Amid Zo Ball Lawsuit
Earlier this month LA Laker Lonzo Ball filed a lawsuit against his former manager and Big Baller Brand co-founder Alan Foster, and now Foster’s under FBI investigation for fraud.
Additionally, per official paperwork, Ball’s suit seeks damages “in excess of $2 million” for “funds taken by Foster from BBB…to purchase assets in Ethiopia in means of, among other things, secreting stolen funds.”
While the FBI investigation ensues, the Ball family and its financial team are reportedly cooperating with authorities, over an alleged $2 million stolen from Zo’s personal funds.
Furthermore, on the matter Ball previously stated, “Obviously, it hurt me just because of a lot of stuff I’ve been through with him. A lot of decisions he made on my behalf and stuff. So it hurt. It hurt a lot. Known him since I was like 12, so kind of hit me. But you know I’m over it now. Just trying to stay positive and move on to bigger and better.”