Gilbert Arenas earned a boatload of money during his NBA career, but he believes he got scammed. Agent Zero is suing the company he paid to watch over his fortune for $40M.
Gilbert is gunning for Lester Knispel and Boulevard Management … the company he says he hired in 2006 to control his cash flow, of which he had plenty. You’ll recall, Arenas signed a $111 million contract with the Washington Wizards in 2008.
In the docs, obtained by TMZ Sports … Gilbert says Boulevard approved millions of dollars worth of wire transfers made by his former assistant John White. Arenas says the transfers — made between 2007 and 2013 — moved “large and irregular” amounts of cash from one account to another … which White controlled.
White was convicted in September for fraud related to those wire transfers — but in his suit, Arenas says Boulevard should shoulder some blame too, since he was paying them to monitor his money.
Arenas also says Boulevard grossly overcharged him — $2.25 million — for services rendered.
Sounds like Arenas has a solid case.
Boulevard reportedly also reps celebs like Shaquille O’Neal and the Kardashians. The aforementioned may want to look over their books.
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