You still have to keep tabs on your bank accounts, even if you pay someone to do that. Gilbert Arenas learned this the hard way since his old assistant has been convicted of stealing $2.1M from the former NBA star.
Reports the NBA:
A federal jury has convicted a former personal assistant of Gilbert Arenas of stealing more than $2 million from the former NBA basketball player.
The jury on Wednesday found 40-year-old John White guilty of 11 counts of wire fraud and four counts of filing a false tax-related document.
He faces dozens of years in prison when he is sentenced in November.
He was indicted last April.
Prosecutors say White made unauthorized online bank transfers worth $2.1 million from Arenas’ account.
White purchased sports cars and payed his mortgage with his pilfered funds.