Ball Family Fires Back At Accusations That LaVar Ball Embezzled Millions From Big Baller Brand
The Ball family is now firing back to former Big Baller Brand partner Alan Foster after he countersued LaVar and Lonzo Ball on allegations of fraud.
ESPN’s Ramona Shelburne shared the statement in a string of tweets:
“Alan Foster’s claims are not only unfounded and devoid of any truth, but are an egregious attempt to turn the attention away from the millions of dollars that he embezzled from the Ball Family and the Ball Family Business.
“Not only will LaVar Ball and his family continue to vigorously pursue their civil action against Foster seeking civil damages, but will also continue to cooperate with law enforcement in order to seek justice for his egregious actions.
“Alan Foster is a convicted felon and is currently being investigated by the FBI. He has served seven years in jail for fraud and has a deep criminal past defrauding those who have placed their trust in him.
“The Ball family are all united in relentlessly pursuing Foster for his grave injustices, and will always fight to protect the respected Ball family name, despite Foster’s futile attempt to defile it.”
The Blast obtained legal documents related to Foster’s countersuit that alleged LaVar Ball embezzled more than $2.6 million from Big Baller Brand and other companies to fund his lifestyle.
It was just earlier this year when Lonzo Ball and family severed all ties with Foster and filed a lawsuit for damages of more than $2 million. The New Orleans Pelicans point guard alleged Foster “conspired to embezzle millions of dollars and then divert those funds for his personal use, including to acquire assets in Ethiopia.”
Lonzo Ball stated during an episode of HBO’s The Shop that he was “hurt” by Foster who he once considered “like my second dad.”