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Couple charged in million dollar scheme against Dwight Freeney

29 Mar

It’s nothing new to hear a professional athlete being taken for millions of dollars. Either a shady financial adviser or bad investments.

Indianapolis Colts defensive end Dwight Freeney should consider himself lucky that his victimizers were caught before his situation was made worse than it was.

A financial adviser for Indianapolis Colts defensive end Dwight Freeney and the adviser’s lover have been arrested on federal wire fraud charges that allege they swindled about $2.2 million from the lineman.


Eva Weinberg, 48, of Los Angeles, and Michael Stern, 51, of Miami, were arrested last week by FBI agents who believe the couple were trying to flee the United States.

From what was in the article, Freeney wasn’t named directly in the case but Stern’s attorney, Henry Bell confirmed the victim was indeed Freeney.

Athletes and entertainers make tons of money but squander lots of it and make bad financial decisions. It’s made worse when the people that you trust with your money are stealing it from you. More players need to be aware of who they are trusting.

Freeney Is Past Due

2 Jan

According to TMZ reports, Indianapolis Colts defensive end, Dwight Freeney is being sued for $400,000. You might ask by who and for what. The who is Tracey Edmonds, the ex-wife of the well known music producer Babyface. The what is for the unpaid rent of $422,150 for leasing two floors in the Edmonds Tower, which is owned by Tracey.

Freeney has a recording studio and agreed to pay $37,000 a month to rent the two floors. Reports say Freeney paid the first month’s rent in July but hasn’t paid anything since. Edmonds’ says that they were induced into letting Freeney rent since he had financial stability due to being a star NFL player.

Dwight, unless there’s something seriously wrong with your finances, pay the rent. If you didn’t want to pay it you shouldn’t have made the business venture in the first place. But we all know every athlete wants to be in the music business. Maybe the rent is too damn high for Dwight.