Alan Foster was publicly denounced by Big Baller Brand the Ball family after it was reported he had embezzled millions from the company over the past couple of years. The consequences were extreme; Lonzo cut all ties and the Brand has since been put in danger of going under.
So you can imagine the aftermath if LaVar Ball himself was caught stealing money from the company.
This is what the family and BBB is currently facing as Foster, the guy originally ousted and blamed for embezzlement, has filed a lawsuit against LaVar Ball that says he embezzled $2.5 million from the company to fund his lifestyle, The Blast reported Thursday.
"In early 2016, in furtherance of LaVar’s intense desire to share in, or rise above, the glory and spotlight of his sons, LaVar approached Alan and asked for his business guidance on how to monopolize and gain fortune and fame from the names and likenesses of his three sons. In response, Alan suggested that the two men brand the “Ball” family name in order to create basketball and entertainment-related businesses. LaVar loved Alan’s idea and wanted to make sure that he was the biggest star in the family, notwithstanding the fact that he was broke, had no savings, poor credit and zero business acumen … LaVar is a liar who fraudulently utilized BBB and BSG (Ball Sports Group) to fund his personal lifestyle."
The report says Ball used the money he embezzled to buy cars and make “upgrades to his home including, artificial turf, furniture, painting the home, carpet, redoing the swimming pool, custom BBB chandeliers, a home theater, and new air conditioning.”
The Ball family has since released a statement on the issue.
This lawsuit comes six months after Lonzo Ball sued Foster for similar reasons. According to ESPN, Lonzo Ball said Foster embezzled millions for personal use and to “acquire assets in Ethiopia.”
This back-and-forth legal battle has clearly gotten personal.
The truth has yet to be made clear, and LaVar could be just as guilty as Foster. The investigation will be ongoing, and will likely draw out for several more weeks as the police attempt to uncover the truth.