Former Cowboy Emmitt Smith accused by Native American firm of scam
Los Angeles Times • • sports
Key Points:
- Pro Football Hall of Fame running back Emmitt Smith and his business partner David Mosley are accused of scamming $2.5 million from Kituwah LLC, a tribal economic agency of the Eastern Band of Cherokee Indians, through their company 4 13 Solutions Inc.
- The lawsuit alleges Smith and Mosley misrepresented investment prospects and used the loan money for purposes other than acquiring a solar energy project in Texas, instead diverting funds to Wilson Holdings.
- Kituwah LLC claims Smith and Mosley breached fiduciary duties and committed fraudulent inducement by failing to repay the loan, which was due on February 1, 2024, and by not advancing the promised Project Exodus solar farm.
- The plaintiffs are seeking repayment of over $3 million, including interest and expenses, while Smith, Mosley, and their companies have not publicly responded to the allegations.
